No service tax leviable where there were no transfers of development rights by land owning companies to developer

GST/Excise/ST/VAT: Where assessee developer entered into a business development agreement with DLF Ltd. to purchase land on behalf of DLF Ltd., in view of fact that landowning companies had not transferred any development right in favour of assessee, assessee could not have transferred any land development right to DLF Ltd and thus activity in question being only acquisition of land, no service tax was payable by assessee

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