https://www.taxtmi.com/caselaws?id=404940 The Tribunal ruled in favor of the appellant, a Special Purpose Vehicle (SPV) overseeing textile park operations, in a case concerning service tax on non-refundable contributions made by member units. The Tribunal held that the demand for service tax was not sustainable, citing the timing of the scheme's execution predating the introduction of service tax on renting of immovable property. The judgment emphasized the absence of evidence supporting the Revenue's claim and reiterated the non-taxable nature of the contributions, ultimately allowing the appeals with consequential relief. en-us Fri, 05 Mar 2021 00:00:00 +0530 Mon, 08 Mar 2021 09:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404940 The Tribunal ruled in favor of the appellant, a Special Purpose Vehicle (SPV) overseeing textile park operations, in a case concerning service tax on non-refundable contributions made by member units. The Tribunal held that the demand for service tax was not sustainable, citing the timing of the scheme's execution predating the introduction of service tax on renting of immovable property. The judgment emphasized the absence of evidence supporting the Revenue's claim and reiterated the non-taxable nature of the contributions, ultimately allowing the appeals with consequential relief. Case-Laws Service Tax Fri, 05 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404940