2008 (7) TMI 181

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..... ice to this contention, the appellants have also submitted that any payment of service tax by them would only lead to a revenue-neutral - plea of revenue-neutrality raised by the appellants is unassailable – stay granted - S/116/2008 - 664/2008 - Dated:- 25-7-2008 - S/Shri P.G. Chacko, Member (J) and P. Karthikeyan, Member (T) Shri M.N. Bharathi, Advocate, for the Appellant. Smt. R. Bh .....

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..... and Gas" and the same is under Section 65(105)(zzv) of the Finance Act. It appears from the records that, under an Agreement entered into with ONGC M/s. Geofizyka Torun, the appellants agreed to drill seismic shot holes in a part of Cauvery Basin, for which activity they collected payments from M/s. GT and M/s. ONGC. It is on these amounts that the above demand of service tax has been raised. It .....

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