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    <title>2014 (11) TMI 754 - CESTAT MUMBAI</title>
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    <description>Interest on loan earned in the course of financial leasing was held prima facie not includible in the taxable value for service tax, applying the Supreme Court ruling in Association of Leasing &amp; Financial Service Companies and the valuation provisions under Section 67 of the Finance Act, 1994 read with Rule 6(2)(iv) of the Service Tax Valuation Rules, 2006. On that basis, the appellant was found entitled to complete waiver of pre-deposit and stay of recovery pending appeal.</description>
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      <description>Interest on loan earned in the course of financial leasing was held prima facie not includible in the taxable value for service tax, applying the Supreme Court ruling in Association of Leasing &amp; Financial Service Companies and the valuation provisions under Section 67 of the Finance Act, 1994 read with Rule 6(2)(iv) of the Service Tax Valuation Rules, 2006. On that basis, the appellant was found entitled to complete waiver of pre-deposit and stay of recovery pending appeal.</description>
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