https://www.taxtmi.com/caselaws?id=424072 The Tribunal ruled that drilling services provided in the exclusive economic zone (EEZ) of India between July 2009 and February 2010 were not taxable under the Finance Act, 1994. The Tribunal emphasized the significance of the 2010 notification, which expanded the tax scope to include certain services in the EEZ. Referring to a High Court decision and analyzing the legislative intent behind the notifications, the Tribunal concluded that the demand for tax was unsustainable for the mentioned period. The appeals were allowed based on the settled legal position regarding the taxability of services in the EEZ during the specified timeframe. en-us Tue, 07 Jun 2022 00:00:00 +0530 Wed, 07 Jun 2023 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424072 The Tribunal ruled that drilling services provided in the exclusive economic zone (EEZ) of India between July 2009 and February 2010 were not taxable under the Finance Act, 1994. The Tribunal emphasized the significance of the 2010 notification, which expanded the tax scope to include certain services in the EEZ. Referring to a High Court decision and analyzing the legislative intent behind the notifications, the Tribunal concluded that the demand for tax was unsustainable for the mentioned period. The appeals were allowed based on the settled legal position regarding the taxability of services in the EEZ during the specified timeframe. Case-Laws Service Tax Tue, 07 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424072