https://www.taxtmi.com/caselaws?id=240828 The Tribunal found in favor of the appellants in a case concerning service tax liability on individuals co-owning a building rented out collectively. The Tribunal determined that each co-owner should be considered individually for service tax assessment based on the rent received. As the aggregate value of services provided by each appellant did not exceed the threshold limit, they qualified for the Small Scale Industry exemption. Consequently, the Tribunal allowed the waiver of pre-deposit and stayed the recoveries pending appeal disposal. en-us Fri, 16 Nov 2012 00:00:00 +0530 Thu, 12 Dec 2013 09:13:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240828 The Tribunal found in favor of the appellants in a case concerning service tax liability on individuals co-owning a building rented out collectively. The Tribunal determined that each co-owner should be considered individually for service tax assessment based on the rent received. As the aggregate value of services provided by each appellant did not exceed the threshold limit, they qualified for the Small Scale Industry exemption. Consequently, the Tribunal allowed the waiver of pre-deposit and stayed the recoveries pending appeal disposal. Case-Laws Service Tax Fri, 16 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240828