https://www.taxtmi.com/caselaws?id=280934 The Tribunal, relying on its previous decision, set aside the impugned order regarding the taxability of storage and warehousing services provided to a Floating Production Unit (FPU) engaged in offshore crude oil extraction. Despite an appeal to the Supreme Court by the revenue department, as no stay was granted, the Tribunal granted relief to the FPU, holding that the services did not fall within the taxable scope under the relevant sections of the Finance Act, 1994. The judgment clarified the FPU's tax liability in this matter. en-us Thu, 26 Oct 2017 00:00:00 +0530 Tue, 28 May 2019 07:27:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280934 The Tribunal, relying on its previous decision, set aside the impugned order regarding the taxability of storage and warehousing services provided to a Floating Production Unit (FPU) engaged in offshore crude oil extraction. Despite an appeal to the Supreme Court by the revenue department, as no stay was granted, the Tribunal granted relief to the FPU, holding that the services did not fall within the taxable scope under the relevant sections of the Finance Act, 1994. The judgment clarified the FPU's tax liability in this matter. Case-Laws Service Tax Thu, 26 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280934