https://www.taxtmi.com/caselaws?id=325125 Advisory and consulting services for mergers and acquisitions were not covered by the earlier general category of Management Consultancy Services for the period before 16.07.2001, because the legislature later created a separate taxable entry for such services under Banking and Other Financial Services. The later specific entry indicated that the activity was treated as a distinct category from that date, and could not be read as merely clarificatory of the earlier entry. The service tax demand for the prior period was therefore unsustainable and was set aside in favour of the assessee. en-us Wed, 03 Feb 2016 00:00:00 +0530 Sat, 15 Oct 2016 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325125 Advisory and consulting services for mergers and acquisitions were not covered by the earlier general category of Management Consultancy Services for the period before 16.07.2001, because the legislature later created a separate taxable entry for such services under Banking and Other Financial Services. The later specific entry indicated that the activity was treated as a distinct category from that date, and could not be read as merely clarificatory of the earlier entry. The service tax demand for the prior period was therefore unsustainable and was set aside in favour of the assessee. Case-Laws Service Tax Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325125