https://www.taxtmi.com/caselaws?id=254075 The Tribunal granted a waiver of pre-deposit of tax amounting to Rs. 59,12,035/- along with interest and penalty for the period 2006-07 to 2009-10 under the category of 'sponsorship service'. Despite the Revenue's argument that the payment made to BCCI did not fall under 'Sports Sponsorship', the Tribunal found precedents supporting the applicant's case, leading to the waiver of the entire tax amount along with interest and penalty until the appeal's disposal. Recovery was stayed pending the appeal's outcome, and the stay application was allowed. en-us Mon, 02 Jun 2014 00:00:00 +0530 Thu, 11 Dec 2014 22:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254075 The Tribunal granted a waiver of pre-deposit of tax amounting to Rs. 59,12,035/- along with interest and penalty for the period 2006-07 to 2009-10 under the category of 'sponsorship service'. Despite the Revenue's argument that the payment made to BCCI did not fall under 'Sports Sponsorship', the Tribunal found precedents supporting the applicant's case, leading to the waiver of the entire tax amount along with interest and penalty until the appeal's disposal. Recovery was stayed pending the appeal's outcome, and the stay application was allowed. Case-Laws Service Tax Mon, 02 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254075