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M/s Cosmic Motors India Pvt. Ltd. Versus Commissioner of Central Excise, Nagpur

2016 (4) TMI 937 - CESTAT MUMBAI

Service tax liability for 01.06.2007 to 31.03.2010 - levied on value of rent received for the premises - Renting of Immovable Property - Section 65(105)(zzzz) of the Finance Act, 1994 - Appellant rented their premises to various clients under lease a .....

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question and we uphold the same. As regards interest is not payable on Service Tax, we do not agree with the contention raised by the Chartered Accountant for the simple reason that the Service Tax liability was always leviable on the immovable prope .....

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to be extended the benefit of Section 80(2) of the Finance Act, 1994. These provisions were specifically brought into statute in order to not to impose penalty on the service providers under the renting of immovable property during relevant period, a .....

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Jain, CA For the Respondent : Shri B Kumar Iyer, Superintendent (AR) ORDER Per M. V. Ravindran This appeal is directed against the Order-in-Original No.04-05/ST/2011-12/C dated 30.06.2011 passed by the Commissioner of Customs, Central Excise & S .....

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g of Immovable Property under the provisions of Section 65(105)(zzzz) of the Finance Act, 1994. It is undisputed that the appellant had rented their premises to various clients under lease agreement and collected Service Tax from them. We find that t .....

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s contested the case on the ground that the Service Tax liability has been levied on value of rent received for the premises. As regards interest is not payable on Service Tax, we do not agree with the contention raised by the Chartered Accountant fo .....

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