https://www.taxtmi.com/caselaws?id=334629 The Tribunal upheld the decision of the Ld. Commissioner (Appeals) to drop the demand for service tax on services of financing, merger, and acquisition under Management Consultancy Services on limitation grounds. The Tribunal found that the extended period for demand could only be invoked in cases of suppression of facts, which was not present in this case. Additionally, the services in question were classified under banking and financial services from a later date, making them non-taxable during the period in question. As a result, the Revenue's appeal was dismissed, and the Respondent's cross objection was disposed of. en-us Thu, 02 Jun 2016 00:00:00 +0530 Thu, 17 Nov 2016 14:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334629 The Tribunal upheld the decision of the Ld. Commissioner (Appeals) to drop the demand for service tax on services of financing, merger, and acquisition under Management Consultancy Services on limitation grounds. The Tribunal found that the extended period for demand could only be invoked in cases of suppression of facts, which was not present in this case. Additionally, the services in question were classified under banking and financial services from a later date, making them non-taxable during the period in question. As a result, the Revenue's appeal was dismissed, and the Respondent's cross objection was disposed of. Case-Laws Service Tax Thu, 02 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334629