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    <title>No service tax on renting premises for business: HC</title>
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    <description>Notification bringing renting of immovable property for use in the course of business within the ambit of service tax was held not to make such renting per se a taxable service. The court concluded the statutory provision does not, by its terms, treat ordinary commercial leasing as a taxable service, and that the administrative interpretation extending tax to rent was incorrect, rendering the impugned notification and circular ultra vires insofar as they authorised such levy.</description>
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      <description>Notification bringing renting of immovable property for use in the course of business within the ambit of service tax was held not to make such renting per se a taxable service. The court concluded the statutory provision does not, by its terms, treat ordinary commercial leasing as a taxable service, and that the administrative interpretation extending tax to rent was incorrect, rendering the impugned notification and circular ultra vires insofar as they authorised such levy.</description>
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      <pubDate>Tue, 21 Apr 2009 10:54:29 +0530</pubDate>
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