https://www.taxtmi.com/caselaws?id=434631 The Tribunal held that the assignment date, not the payment terms, was crucial in determining eligibility for service tax exemption on the assignment of the right to use natural resources under Mega exemption Notification Sl.No.61 dated 13th April, 2016. As the assignment occurred before the specified date, the exemption applied, dismissing the Revenue's appeal and upholding the impugned order. The decision emphasized the significance of adhering to the assignment date outlined in the notification for exemption eligibility, regardless of subsequent liabilities arising from the assignment. en-us Tue, 28 Feb 2023 00:00:00 +0530 Wed, 01 Mar 2023 08:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434631 The Tribunal held that the assignment date, not the payment terms, was crucial in determining eligibility for service tax exemption on the assignment of the right to use natural resources under Mega exemption Notification Sl.No.61 dated 13th April, 2016. As the assignment occurred before the specified date, the exemption applied, dismissing the Revenue's appeal and upholding the impugned order. The decision emphasized the significance of adhering to the assignment date outlined in the notification for exemption eligibility, regardless of subsequent liabilities arising from the assignment. Case-Laws Service Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434631