2008 (7) TMI 181 - AT - Service Tax

Survey and Exploration of Mineral, Oil and Gas - It is the case of the appellants that whatever activity was performed by them was performed in their capacity as subcontractors of M/s. GT and, therefore, any service tax was not payable by them. Without prejudice 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

Summary

The Appellate Tribunal CESTAT, Chennai ruled in favor of the appellants in a service tax case related to "Survey and Exploration of Mineral, Oil and Gas." The tribunal granted waiver of pre-deposit and stay of recovery, noting the revenue-neutrality of the situation where service tax payment by the subcontractors would result in Cenvat credit for the main contractors.