https://www.taxtmi.com/caselaws?id=652 The appeal was allowed in favor of the Indian Institute of Management (IIM) as it was held that IIM, being an educational institution focused on education rather than profit-making, did not qualify as a commercial concern under the Service Tax provisions. The demand for Service Tax and the invocation of a larger period of five years under Section 73 of the Finance Act, 1994, were deemed unjustified by the appellate authority. The impugned Order-in-Original was set aside, resulting in a favorable outcome for IIM. en-us Fri, 28 Apr 2006 00:00:00 +0530 Tue, 01 Jul 2008 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=652 The appeal was allowed in favor of the Indian Institute of Management (IIM) as it was held that IIM, being an educational institution focused on education rather than profit-making, did not qualify as a commercial concern under the Service Tax provisions. The demand for Service Tax and the invocation of a larger period of five years under Section 73 of the Finance Act, 1994, were deemed unjustified by the appellate authority. The impugned Order-in-Original was set aside, resulting in a favorable outcome for IIM. Case-Laws Service Tax Fri, 28 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=652