https://www.taxtmi.com/caselaws?id=254615 The tribunal examined whether the applicant's land transactions were a purchase-and-resale arrangement or taxable real estate agent service under service tax law. It noted that the applicant had not obtained a registered transfer of the land in its own favour before contracting with the builder, and the Revenue treated the activity as facilitation of a real estate transaction within the statutory definition of real estate agent. On that basis, complete waiver of pre-deposit was declined. Partial waiver was granted subject to deposit of Rs. 30,00,000, with the balance of service tax and interest waived on compliance. en-us Mon, 19 Aug 2013 00:00:00 +0530 Fri, 26 Dec 2014 13:40:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254615 The tribunal examined whether the applicant's land transactions were a purchase-and-resale arrangement or taxable real estate agent service under service tax law. It noted that the applicant had not obtained a registered transfer of the land in its own favour before contracting with the builder, and the Revenue treated the activity as facilitation of a real estate transaction within the statutory definition of real estate agent. On that basis, complete waiver of pre-deposit was declined. Partial waiver was granted subject to deposit of Rs. 30,00,000, with the balance of service tax and interest waived on compliance. Case-Laws Service Tax Mon, 19 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254615