https://www.taxtmi.com/caselaws?id=438971 The SC found the CESTAT's decision to uphold the service tax liability on a 'non-compete fee' under the Finance Act, 1994, to be legally unsustainable. The Court noted that the fee, received under an agreement dated 5th March 2009, was a one-time payment not extending beyond 01.07.2012. The appeal was allowed, the impugned order was set aside, and any pending applications were disposed of. en-us Mon, 10 Apr 2023 00:00:00 +0530 Wed, 03 Jan 2024 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438971 The SC found the CESTAT's decision to uphold the service tax liability on a 'non-compete fee' under the Finance Act, 1994, to be legally unsustainable. The Court noted that the fee, received under an agreement dated 5th March 2009, was a one-time payment not extending beyond 01.07.2012. The appeal was allowed, the impugned order was set aside, and any pending applications were disposed of. Case-Laws Service Tax Mon, 10 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438971