https://www.taxtmi.com/caselaws?id=220035 The Appellate Tribunal CESTAT MUMBAI granted the appellant's application for waiver of pre-deposit of Service Tax amounting to Rs.1,42,50,531, along with interest and penalties. The Tribunal found that the appellant, a co-operative society, was entitled to a retrospective exemption under Section 145 of the Finance Act, 2012 for setting up a Common Effluent Treatment plant with financial aid from government bodies. As a result, the demand was deemed unsustainable, the penalties were set aside, and the appeal was allowed. This case underscores the significance of applying relevant statutory provisions to determine taxability and exemptions in service provision scenarios involving entities like co-operative societies. en-us Fri, 27 Jul 2012 00:00:00 +0530 Wed, 09 Jul 2014 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220035 The Appellate Tribunal CESTAT MUMBAI granted the appellant's application for waiver of pre-deposit of Service Tax amounting to Rs.1,42,50,531, along with interest and penalties. The Tribunal found that the appellant, a co-operative society, was entitled to a retrospective exemption under Section 145 of the Finance Act, 2012 for setting up a Common Effluent Treatment plant with financial aid from government bodies. As a result, the demand was deemed unsustainable, the penalties were set aside, and the appeal was allowed. This case underscores the significance of applying relevant statutory provisions to determine taxability and exemptions in service provision scenarios involving entities like co-operative societies. Case-Laws Service Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220035