2015 (2) TMI 522

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ppellant : Mr. M. Narayana Chary, Consultant For the Respondent : Mr. R. Gurunathan, Addl. Commissioner (AR) JUDGEMENT Per : B.S.V.MURTHY        Service tax of Rs. 11,13,69,782/- has been demanded with interest and penalties have been imposed. The period of dispute is 2009-2012. The demand is under works contract service in respect of EPC project executed ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nagers M/s. ILFS (IUML) Chennai. The capital advanced for the above two projects, were transferred into Bank accounts of appellant during the period from January 2010 to February 2012.          * The amounts so received (into the bank account) were paid back/transferred to the accounts of promoters/directors of the YPPL and BPPL project/Group, as per the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rom the funds received from the YPPL was transferred to suppliers and balance was returned to YPPL thereby submitting that there was no amount received by the appellant and no service was rendered. In the case of another project at Piduru, an amount of Rs. 33.08 crores was transferred and the entire amount was returned and a letter to this effect by BPPL was submitted before us. Another amount of ....