2014 (12) TMI 168 - HC - Service Tax

Scientific or technical consultancy - transaction value as cum-tax value - High Court admitted appeal of assessee against the decision of Tribunal in 2011 (3) TMI 224 - CESTAT MUMBAI on following questions of law - Whether the Tribunal was justified in holding that the services rendered by the assessee under the marketing assistance agreement dated 18-9-2001 as amended on 26-11-2001 constituted Market Research Agency Services covered under Section 65(105)(y) of the Finance Act 1994 and accordingly confirm the demand of service tax raised by invoking the larger period of limitation.

Summary

The Bombay High Court admitted an appeal regarding a reframed question of law on whether services under a marketing assistance agreement constituted "Market Research Agency Services" under Section 65(105)(y) of the Finance Act, 1994. The Tribunal confirmed the demand of service tax based on this interpretation.