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2014 (12) TMI 789 - CESTAT BANGALORESSI Exemption - Renting of Immovable Property Service - Notification No. 6/2005-S.T. as amended by Notification No. 8/2008 dated 1.3.2008 - Held that:- during the year 2007-08 aggregate turnover of previous year to be eligible for SSI benefit should not be more than ₹ 10 lakhs and not ₹ 8 lakhs as held by the Commissioner. Since the appellant has not exceeded ₹ 10 lakhs turnover during the year 2007-08, the appellant is eligible for the benefit of SSI exemption during the year 2007-08. In the year 2007-08, the gross amount received by the appellant was ₹ 9,13,700 - appellant does not deserve to be penalized at all. Accordingly, we uphold the demand of ₹ 8,303 plus interest towards service tax. Demand for balance amount and penalty are set aside. - Decided in favour of assessee.
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