https://www.taxtmi.com/caselaws?id=256888 The Tribunal ruled in favor of the appellants, finding that the amounts received for the sale of business assets and liabilities did not fall under the category of "scientific or technical consultancy service." The Tribunal determined that the appellants, as manufacturers of pharmaceutical goods, were not engaged in providing consultancy services but had sold their setup to a buyer. Consequently, the transaction was not taxable under the specified category, leading to the rejection of the Revenue's demands and the allowance of the appeals with consequential relief. en-us Fri, 23 Jan 2015 00:00:00 +0530 Tue, 24 Feb 2015 07:10:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256888 The Tribunal ruled in favor of the appellants, finding that the amounts received for the sale of business assets and liabilities did not fall under the category of "scientific or technical consultancy service." The Tribunal determined that the appellants, as manufacturers of pharmaceutical goods, were not engaged in providing consultancy services but had sold their setup to a buyer. Consequently, the transaction was not taxable under the specified category, leading to the rejection of the Revenue's demands and the allowance of the appeals with consequential relief. Case-Laws Service Tax Fri, 23 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256888