https://www.taxtmi.com/caselaws?id=396651 The Tribunal allowed the appeal, setting aside the order and providing relief to the appellant. It held that services provided by foreign companies for placing FCCBs did not constitute banking or financial services taxable under the reverse charge mechanism. The Tribunal also found no evidence of suppression of facts by the appellant, leading to the dismissal of the extended period of limitation and penalties imposed. en-us Mon, 06 Jul 2020 00:00:00 +0530 Wed, 15 Jul 2020 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396651 The Tribunal allowed the appeal, setting aside the order and providing relief to the appellant. It held that services provided by foreign companies for placing FCCBs did not constitute banking or financial services taxable under the reverse charge mechanism. The Tribunal also found no evidence of suppression of facts by the appellant, leading to the dismissal of the extended period of limitation and penalties imposed. Case-Laws Service Tax Mon, 06 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396651