https://www.taxtmi.com/caselaws?id=243651 The Bombay HC considered whether a Tribunal's pre-deposit order in a service tax classification dispute should be reduced where the assessee had begun paying tax under the newly introduced renting of immovable property category from 1 June 2007 and the revenue had accepted that position, supporting a bona fide belief that the earlier activity was not taxable and making extended limitation debatable. The Court also noted that the Tribunal's prima facie view that the services could fall within business support service was not shown to be perverse at the pre-deposit stage. Balancing these factors, it held that complete waiver was unwarranted but the deposit requirement should be reduced, and modified the pre-deposit from 50% to 25% of the service tax demand. en-us Wed, 29 Jan 2014 00:00:00 +0530 Tue, 22 Sep 2015 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243651 The Bombay HC considered whether a Tribunal's pre-deposit order in a service tax classification dispute should be reduced where the assessee had begun paying tax under the newly introduced renting of immovable property category from 1 June 2007 and the revenue had accepted that position, supporting a bona fide belief that the earlier activity was not taxable and making extended limitation debatable. The Court also noted that the Tribunal's prima facie view that the services could fall within business support service was not shown to be perverse at the pre-deposit stage. Balancing these factors, it held that complete waiver was unwarranted but the deposit requirement should be reduced, and modified the pre-deposit from 50% to 25% of the service tax demand. Case-Laws Service Tax Wed, 29 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243651