2008 (4) TMI 301
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....tes, for the Appellant. Smt. A. Vasudev, JCDR, for the Respondent. [Order per: B.S.V. Murthy, Member (T)]. - The demand of service tax amounting to Rs. 2,12,98,624/- with equivalent amount of penalty under Section 78 and further penalties under Sections 76 & 77 of Finance Act, 1994 have been imposed on the appellant invoking the extended period of limitation on payment of royalty for transfe....
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....o claimed that the correct classification for transfer of know-how is under IPR service and not franchise service. They also state that they have paid royalty for technical know-how and royalty is not a consideration towards service but sharing of profit and technical know-how provided from outside could not be charged to service tax prior to 18-4-06. The JCDR relied upon the judgment of this Trib....
TaxTMI