2015 (10) TMI 2467 - AT - Service Tax

Levy of service tax on receipt of overriding commission - prima facie case is not in favor of assessee - stay granted partly.

Summary

The appeal concerns the taxability of overriding commission. Appellant argues it should not be taxable, while Revenue disagrees. Both sides can argue further during the appeal hearing. Appellant must deposit Rs. 20,00,000 within eight weeks and comply by 29th December 2015. Balance demand will be stayed pending appeal.