2014 (11) TMI 82 - AT - Service Tax

Sponsorship service - matches conducted by the Indian premier League (IPL) - Held that - issue is now settled by the decision of Hero Hondo Motors Ltd vs CST in 2013 (6) TMI 447 - CESTAT NEW DELHI whereby the Tribunal held that the sponsorship of sports events are exempted from the taxable service - Decided in favour of assessee.

Summary

The Appellate Tribunal CESTAT Mumbai ruled in favor of the appellant in a case involving sponsorship services for cricket matches conducted by the Indian Premier League. The Tribunal cited a previous decision exempting sponsorship of sports events from taxable service, leading to the appeal being allowed.