https://www.taxtmi.com/caselaws?id=339075 The court concluded that the Operation, Management, and Development Agreement (OMDA) does not constitute a franchise under the Finance Act. The transaction between the petitioners and the Airport Authority of India (AAI) was not deemed a taxable service. As a result, the court quashed AAI's action of blocking the Escrow account and disposed of the writ petitions accordingly. en-us Tue, 14 Feb 2017 00:00:00 +0530 Wed, 21 Mar 2018 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339075 The court concluded that the Operation, Management, and Development Agreement (OMDA) does not constitute a franchise under the Finance Act. The transaction between the petitioners and the Airport Authority of India (AAI) was not deemed a taxable service. As a result, the court quashed AAI's action of blocking the Escrow account and disposed of the writ petitions accordingly. Case-Laws Service Tax Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339075