TMI BlogRenting of immovable property service - Civil Appeal on "Renting/leasing of immovable property"X X X X Extracts X X X X X X X X Extracts X X X X ..... on "Renting/leasing of immovable property" from 01.06.2007 which provisions were upheld by the Hon'ble High Court of Bombay by order dated 04.08.2011 and dismissed the Writ Petition No. 1474 of 2010. (Copy of Supreme Court Order dated 14/10/2011 enclosed). 2. Hon'ble Supreme Court had passed order dated 14.10.2011 on said appeal which reads as under; "( i ) all members of the appellant association, namely, Retailers Association of India, who are before us, shall deposit with the concerned department 50% of the arrears towards the said tax within six months in three equated instalments, on or before 1st November, 2011; 1st January, 2012 and 1st March, 2012; ( ii ) for the balance 50% all the members shall furnish a solvent surety to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... osed herewith. Along with the Solvency Certificate, a General bond in the given format will also be submitted. Any Petitioner who has already filed a Bond/Undertaking in any other format should furnish the revised Bond and BG/Solvency Certificate immediately and on submission of the Bond and BG/Solvency Certificate as per this Trade Notice only, the compliance as per the Hon'ble Supreme Court's order dated 14/10/2011 would be considered to have been made. FORMAT OF SOLVENCY CERTIFICATE .. BANK. H.O .. BRANCH DATE : .. To The Commissioner of Service Tax, Mumbai-I, Utpada Shulk Bhawan, M.K. Road, MUMBAI- 400 020. Subject: Solvency Certificate in respect o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mended by Sections 75 and 76 of the Finance Act, 2010, which levied service tax on "Renting/leasing of immovable property" from 01.06.2007 which provisions were upheld by the Hon'ble High Court of Bombay by order dated 04.08.2011 and dismissed the Writ Petition No. .. of 2010 and whereas Civil Appeal Nos. 8391-8393 of 2011 is filed before Hon'ble Supreme Court against above referred order passed by Hon'ble High Court of Bombay and whereas Hon'ble Supreme Court had passed order dated 14.10.2011 on said appeal which reads as under; "( i ) all members of the appellant association, namely, Retailers Association of India, who are before us, shall deposit with the concerned department 50% of the arrears towards the said tax wit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eme Court for the performance of an act in which the public are interested. In these presents the words imposing singular only shall also include the plural and vice versa where the context so requires; IN THE WITNESS THEREOF these presents have been signed the day hereinbefore written by the obligor(s) and the surety (ies). Signature(s) of obligor(s). Date : Place : Witnesses (1) Name and Address Occupation (2) Name and Address Occupation Date Place Accepted by me this .. day of . .(month) .. . (year) ... of Service Tax, (Designation) for and on behalf of the President of India. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
