Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2012 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (5) TMI 678 - AT - Service TaxWaiver of pre-deposit - Intellectual property right services for the technology transfer - Held that: - the applicant were under bonafide belief that the service of technical transfer/technical know-how is a secret of their trade activity and is not registered as a patent and therefore they are not liable to service tax under Intellectual property right service and the same was brought in the knowledge of the department by filing the Service Tax Returns - even, if the applicant had paid the service tax, the same was entitled to credit, there is a revenue neutral situation - the applicant has made out a strong prima facie for waiver of pre-deposit - appeal allowed - decided in favor of appellant.
|