No service tax on internet based trading software licensing prior to 16.05.2008

Religare Technova Global Solutions Ltd. Vs Commissioner of Service Tax (CESTAT Bangalore) Conclusion: Since the activities undertaken by assessee were covered under the Information Technology Services as taxable under Section 65(105)(zzzze) with effect from May 16, 2008  and prior to 16-5-2008, even the services rendered by assessee was excluded from the scope of consulting engineer’s service and also the judicial pronouncements made it clear that they would not be covered under the management consultancy services. Held: Assessee-company was developer of an internet based trading softwa...