No Service Tax on Compensation for cancellation of Coal Block Allotment

Jindal Steel & Power Limited Vs Principal Commissioner of CGST & CX (CESTAT Kolkata) It is undisputed that the compensation was received by the Appellant. Coal blocks allocated to the Appellant as well as to several others were cancelled as per the judgment of the Hon’ble Supreme Court. Thereafter, they were allotted to new companies. From the time they were allotted to the Appellant till their cancellation by the Hon’ble Supreme Court, the Appellant had invested in mining of these blocks. Similar was the case with other allottees. In order to take care of this situation, CMSPA was...