Court Rules Service Tax on Film Exhibition Rights Unwarranted; No Service Provided by Appellant to Distributors.

Renting of immovable property service - The appellant entered into agreements with the film distributors under which the film distributors granted copyright license in the form of theatrical exhibition rights to the Appellant. As against the transfer of such rights, the Appellant agreed to pay certain amount to the distributors, generally fixed as a percentage of the NBOC. - the demand of service tax under ‘renting of immovable property’ service was not justified for the reason that the Appellant had not provided any service to the distributor, nor the distributor had made any payment to the Appellant as a consideration for the alleged service. - AT .....

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