Activity of granting call option doesn’t qualify as rendering of service: CESTAT Delhi

Analjit Singh Vs Commissioner of Service Tax (CESTAT Delhi)

CESTAT Delhi held that granting “call option” is not an activity of rendering service. Thus, appellant has wrongly been held to have been a service provider while receiving “call option fee”.

Facts- The appellant is registered with Service Tax Commissionerate for rendering Management Consultant Services. Department had conducted audit of the appellant for the period 2007-08 to 2010-11 and it was observed that the appellant was having income in the form of “Call Option Fee” but has not pa

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