https://www.taxtmi.com/caselaws?id=32334 The Appellate Tribunal CESTAT, Bangalore, ruled in favor of the appellant, holding that Service Tax cannot be levied on royalty and technical services fee paid by Indian companies to foreign counterparts for the transfer of technical know-how, citing various precedents where similar decisions were made in favor of the assessee. The Tribunal set aside the impugned order, allowed the appeals, and granted the stay application and appeal with consequential relief, if any. en-us Fri, 12 Jan 2007 00:00:00 +0530 Thu, 05 Feb 2009 19:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32334 The Appellate Tribunal CESTAT, Bangalore, ruled in favor of the appellant, holding that Service Tax cannot be levied on royalty and technical services fee paid by Indian companies to foreign counterparts for the transfer of technical know-how, citing various precedents where similar decisions were made in favor of the assessee. The Tribunal set aside the impugned order, allowed the appeals, and granted the stay application and appeal with consequential relief, if any. Case-Laws Service Tax Fri, 12 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32334