https://www.taxtmi.com/caselaws?id=264371 In a service tax pre-deposit dispute, the HC reduced the deposit requirement because the record showed a strong prima facie case that the taxable base had been overstated. The adjudicating authority had accepted that the full land value could not be included, yet the demand was computed on the entire receipt. The Court also found a serious prima facie issue whether any taxable service had been rendered at all, and, if so, whether tax could attach only to the profit component rather than the full amount. Applying prima facie merits and balance of convenience, it modified the Tribunal's order and reduced the pre-deposit to 5% of the profit component. en-us Tue, 15 Sep 2015 00:00:00 +0530 Wed, 13 Jan 2016 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264371 In a service tax pre-deposit dispute, the HC reduced the deposit requirement because the record showed a strong prima facie case that the taxable base had been overstated. The adjudicating authority had accepted that the full land value could not be included, yet the demand was computed on the entire receipt. The Court also found a serious prima facie issue whether any taxable service had been rendered at all, and, if so, whether tax could attach only to the profit component rather than the full amount. Applying prima facie merits and balance of convenience, it modified the Tribunal's order and reduced the pre-deposit to 5% of the profit component. Case-Laws Service Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264371