2015 (12) TMI 599

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....aran, Member (Technical) For the Petitioner : Mr. S. Tirumalai, Sr. Advocate with Mr. Harish Bindumadhavan, Advocate For the Respondent : Mr. S. Teli, Dy. Commissioner (A.R.) ORDER Per: Justice G. Raghuram, President: Under two agreements dated 10/10/2008 and 16/06/2010, the Petitioner entered into a loan-licence agreement with a pharmaceutical products manufacturer, M/s. Aurobindo Pharma Lt....

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....ner. Clause 5.II requires M/s. Aurobindo Pharma to remit as stipulated, monthly payments towards conversion charges and to guarantee the minimum payment stipulated therein. Clause 5.III requires M/s. Aurobindo Pharma to reimburse all proper and reasonable expenses incurred by the Petitioner, stipulated thereunder. 2. Proceedings were initiated by show cause notices dated 24/01/2012 and 26/04/2012....

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....ew of the taxable service. 3. Negating the Petitioners contention, the adjudicating authority concluded that the Petitioner provided renting of immovable property service on the ground that the Petitioners immovable property was leased to M/s. Aurobindo Pharma for use in the course of or furtherance of Aurobindo Pharma's business or commerce, including its factories, etc. 4. Substantively simil....