2008 (6) TMI 31

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..... di for the Respondent. [Order per P.G. Chacko, Member (J).] - After examining the records and hearing both sides, we note that the revisional authority has demanded service tax of Rs. 9,63,006 from the appellants on royalty amount of Rs. 76,85,304 paid by them to their technical collaborators for the period 1999-2001. The authority has also demanded interest on the tax amount and has also imposed .....

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..... e assessee and the revenue. The learned counsel has cited a plethora of decisions of the Tribunal holding that transfer of technical know-how was not to be taxed as 'consulting engineer's service' for periods prior to 10-9-2004. No binding contra decision has been cited before us. Therefore, there will be waiver of pre-deposit and stay of recovery in respect of the service tax, interest and penalt .....

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