https://www.taxtmi.com/caselaws?id=350896 The Tribunal set aside the decision confirming the demand, interest, and penalty on services provided by foreign collaborators to the appellant for the purchase of Global Depository Shares. The matter was remanded for fresh adjudication to properly consider all issues, including the appellant's entitlement to Cenvat credit, intention to evade payment, classification of services under Banking and Other Financial Service, and the claim of revenue neutrality. The Tribunal emphasized the need for a fair hearing and verification of facts before making a final determination. en-us Thu, 26 Oct 2017 00:00:00 +0530 Tue, 12 Dec 2017 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350896 The Tribunal set aside the decision confirming the demand, interest, and penalty on services provided by foreign collaborators to the appellant for the purchase of Global Depository Shares. The matter was remanded for fresh adjudication to properly consider all issues, including the appellant's entitlement to Cenvat credit, intention to evade payment, classification of services under Banking and Other Financial Service, and the claim of revenue neutrality. The Tribunal emphasized the need for a fair hearing and verification of facts before making a final determination. Case-Laws Service Tax Thu, 26 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350896