2011 (7) TMI 802

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....llant. Shri R. Raghavan, Advocate, for the Respondent. [Order per : Jyoti Balasundaram, Vice-President]. - The brief facts of the case are that the assessees herein had entered an agreement with M/s. Futura Polymers Ltd. for rendering - A.     Advise, assistance in and undertake compliance with the following :- (a)      Various taxation m....

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....sp; Render assistance and liaison with Government Department at New Delhi and Chennai on matters relating to fiscal policies, imports, exports, fulfilment of export obligations, execution of legal undertakings with the Government, prepare alternative plant including conversion of EPCG routers as and when required by FPL. E.      Overseeing the compliance requirement in ....

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.... aside by the Commissioner (Appeals); hence this appeal by the Revenue. 3. We have carefully considered the rival submissions and perused the agreement entered into between the assessees and the Futura Polymers Ltd. We find that the services rendered cannot be treated as 'Management Consultancy Service', in the light of the terms of agreement, decisions of the Tribunal and in the light of ....