https://www.taxtmi.com/caselaws?id=233808 The court set aside the order, allowing the appeal by JLSL and rejecting the classification of services as "Banking and Financial Services," instead holding them as "Underwriting Services." The Revenue's appeal was also dismissed. The judgment emphasized that underwriting services performed outside India should not be taxed under Section 66A of the Finance Act, 1994. The court found in favor of JLSL regarding the time-bar issue, highlighting their transparency during the audit process. en-us Fri, 05 Oct 2012 00:00:00 +0530 Wed, 15 May 2013 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233808 The court set aside the order, allowing the appeal by JLSL and rejecting the classification of services as "Banking and Financial Services," instead holding them as "Underwriting Services." The Revenue's appeal was also dismissed. The judgment emphasized that underwriting services performed outside India should not be taxed under Section 66A of the Finance Act, 1994. The court found in favor of JLSL regarding the time-bar issue, highlighting their transparency during the audit process. Case-Laws Service Tax Fri, 05 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233808