Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
CESTAT analyzed the classification of yoga services for service tax purposes. The Tribunal held that yoga and meditation services fall under 'health and fitness service' for the period October 2008 to June 2012, rendering them taxable. Training courses like TTC, ATTC, and Vastu Shastra were classified as 'Commercial Training or Coaching Centre Service'. For the period July 2012 to October 2015, services provided by the charitable trust were exempted under the Negative List regime. The extended period of limitation was upheld. The appeal was partially disposed of, with directions to compute the exact tax liability, interest, and penalties after excluding unrelated receipts.
CESTAT analyzed the classification of yoga services for service tax purposes. The Tribunal held that yoga and meditation services fall under 'health and fitness service' for the period October 2008 to June 2012, rendering them taxable. Training courses like TTC, ATTC, and Vastu Shastra were classified as 'Commercial Training or Coaching Centre Service'. For the period July 2012 to October 2015, services provided by the charitable trust were exempted under the Negative List regime. The extended period of limitation was upheld. The appeal was partially disposed of, with directions to compute the exact tax liability, interest, and penalties after excluding unrelated receipts.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
