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2013 (11) TMI 1301 - AT - Service TaxValuation of service - Under-declaration or non-declaration of the gross value received - Service of ‘survey and exploration of mineral’ - Section 65(104a) - Integrated services, of mapping of the scheduled areas - as the transaction with ONGC is concerned, the petitioner has remitted tax on 4% of the gross value received from ONGC, computing that percentage of the value received, as attributable to the taxable activity falling within the reach of provisions of the Act. The petitioner did so on the assumption that its data acquisition and part processing of such data, being activity carried out offshore and beyond the 12 nautical miles limit from the Indian landmass, is outside the purview of provisions of the Act. In so far as the transactions with RIL, the petitioner did not remit tax on any portion of the gross value received, from RIL. Held that:- stay granted in part subject to deposit of Rs. 60 lakhs towards service tax liability on 4% of the gross value received by the petitioner in respect of services provided to RIL - Partial stay granted.
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