https://www.taxtmi.com/caselaws?id=243788 The Tribunal ruled in favor of the appellant, granting waiver of pre-deposit and stay of recovery. It held that the amounts spent on Research and Development activities at the appellant's unit could not be considered taxable pre-April 2007. Additionally, post-April 2007 payments under the Memorandum of Understanding with the foreign company were deemed non-taxable. The Tribunal referenced a similar case where a service tax demand against the appellant was set aside by the Commissioner (Appeals), leading to the decision to grant the waiver and stay of recovery until the final disposal of the appeal. en-us Fri, 05 Apr 2013 00:00:00 +0530 Mon, 10 Feb 2014 07:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243788 The Tribunal ruled in favor of the appellant, granting waiver of pre-deposit and stay of recovery. It held that the amounts spent on Research and Development activities at the appellant's unit could not be considered taxable pre-April 2007. Additionally, post-April 2007 payments under the Memorandum of Understanding with the foreign company were deemed non-taxable. The Tribunal referenced a similar case where a service tax demand against the appellant was set aside by the Commissioner (Appeals), leading to the decision to grant the waiver and stay of recovery until the final disposal of the appeal. Case-Laws Service Tax Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243788