https://www.taxtmi.com/caselaws?id=1631 The Tribunal granted a stay on the tax demand imposed on the margin obtained by the appellants for procuring goods in turnkey projects. The Tribunal found that the activity was part of turnkey contracts and not taxable as Business Auxiliary Services. It noted that the demand was not sustainable based on legal precedents and granted a waiver of pre-deposit with a stay on recovery until the appeal's disposal. The decision emphasized the significance of legal interpretations and precedents in complex service transactions involving works contracts. en-us Fri, 02 Mar 2007 00:00:00 +0530 Mon, 30 Jun 2008 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1631 The Tribunal granted a stay on the tax demand imposed on the margin obtained by the appellants for procuring goods in turnkey projects. The Tribunal found that the activity was part of turnkey contracts and not taxable as Business Auxiliary Services. It noted that the demand was not sustainable based on legal precedents and granted a waiver of pre-deposit with a stay on recovery until the appeal's disposal. The decision emphasized the significance of legal interpretations and precedents in complex service transactions involving works contracts. Case-Laws Service Tax Fri, 02 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1631