https://www.taxtmi.com/caselaws?id=371185 The appeals were restored, and the Tribunal ruled in favor of the appellant on most issues. The demand for service tax under 'Banking and Other Financial Services' was set aside due to the agreement predating the introduction of the tax. However, the demand for service tax under 'Management, Maintenance or Repair Service' was upheld. The demand for service tax under 'Storage and Warehousing Service' was also set aside as the activity did not qualify. Penalties imposed on the appellant and its officials were overturned. Ultimately, the appeals were allowed in part, granting specific reliefs as per the Tribunal's findings. en-us Mon, 26 Nov 2018 00:00:00 +0530 Fri, 30 Nov 2018 07:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371185 The appeals were restored, and the Tribunal ruled in favor of the appellant on most issues. The demand for service tax under 'Banking and Other Financial Services' was set aside due to the agreement predating the introduction of the tax. However, the demand for service tax under 'Management, Maintenance or Repair Service' was upheld. The demand for service tax under 'Storage and Warehousing Service' was also set aside as the activity did not qualify. Penalties imposed on the appellant and its officials were overturned. Ultimately, the appeals were allowed in part, granting specific reliefs as per the Tribunal's findings. Case-Laws Service Tax Mon, 26 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371185