https://www.taxtmi.com/caselaws?id=431354 The Tribunal ruled in favor of the appellant, finding that the termination fee paid by a third party on behalf of the appellant was not subject to service tax. The Tribunal determined that the appellant did not provide any service but merely consented to the transfer of rights between the other parties. As a result, the demand for service tax was deemed unsustainable, leading to the setting aside of the demand and rendering penalties and time limitations irrelevant. The appeal was allowed in favor of the appellant with consequential relief. en-us Fri, 09 Dec 2022 00:00:00 +0530 Mon, 12 Dec 2022 06:08:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431354 The Tribunal ruled in favor of the appellant, finding that the termination fee paid by a third party on behalf of the appellant was not subject to service tax. The Tribunal determined that the appellant did not provide any service but merely consented to the transfer of rights between the other parties. As a result, the demand for service tax was deemed unsustainable, leading to the setting aside of the demand and rendering penalties and time limitations irrelevant. The appeal was allowed in favor of the appellant with consequential relief. Case-Laws Service Tax Fri, 09 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431354