TMI Blog2016 (2) TMI 729X X X X Extracts X X X X X X X X Extracts X X X X ..... ppellant has received the payment in foreign convertible exchange in the light of RBI circular dated 06.02.2008. Therefore, applicants are not liable to pay service tax to the tune of ₹ 5,10,23,578/-. We further find that a demand of service tax has been confirmed against the applicant for ₹ 7,79,630/-on account of leasing out their copyright to the local broadcaster and some period in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dcasting to the principal BBC World located in UK and receive the payment towards the service provided to them through Standard Chartered Bank in Indian Rupee vostro mechanism. The demand of service tax has been confirmed to the tune of ₹ 5,10,23,578/- on this account. A demand of Service Tax of ₹ 7,79,630/- has also been confirmed against the applicant on account of providing their pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... easing their copyright to Indian Broadcasters and during the relevant period leasing copy right service was not liable to pay service tax and came into force from 1.7.10 when service tax has been levied on leasing out of copy right. He also submits that as demand of service tax has not been demanded as per IPR or under section 65 (105) (zzzt) of the Finance Act, 1994, therefore, demands are not su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... copyright to the local broadcaster and some period in dispute has implication thereafter. Therefore, at this stage without discussing the merits of the case, we direct the applicant to pre-deposits of ₹ 3,50,000/- (Rupees Three lakh fifty thousand only) within a period of 4 weeks and report compliance on 10.3.2016 in the interest of justice. On such compliance, balance amount of service tax, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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