https://www.taxtmi.com/caselaws?id=356144 The Appellate Tribunal CESTAT NEW DELHI ruled in favor of the appellants in a dispute over the Operations, Management and Development Agreement (OMDA) with the Airport Authority of India. The key issue was whether revenue sharing was based on gross revenue or profit basis, affecting the applicability of service tax. The Tribunal, referencing a Delhi High Court case, found the OMDA did not constitute taxable services under the Finance Act. Consequently, the Tribunal set aside the previous order, concluding that the service tax was not applicable, and allowed the appeal in favor of the appellants. en-us Mon, 22 Jan 2018 00:00:00 +0530 Sat, 24 Feb 2018 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356144 The Appellate Tribunal CESTAT NEW DELHI ruled in favor of the appellants in a dispute over the Operations, Management and Development Agreement (OMDA) with the Airport Authority of India. The key issue was whether revenue sharing was based on gross revenue or profit basis, affecting the applicability of service tax. The Tribunal, referencing a Delhi High Court case, found the OMDA did not constitute taxable services under the Finance Act. Consequently, the Tribunal set aside the previous order, concluding that the service tax was not applicable, and allowed the appeal in favor of the appellants. Case-Laws Service Tax Mon, 22 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356144