https://www.taxtmi.com/caselaws?id=325437 The judgment addressed a stay application against the confirmation of a service tax demand of Rs. 34,53,54,680 for Renting of Immovable Property Service. The appellant argued that the amount received was a premium exempt from service tax based on a CESTAT judgment. The Revenue contended that pre-taxable service payments should be included in the assessable value. The court found the premium in this case was for continuous property enjoyment, distinct from the CESTAT judgment, and ordered a 7.5% pre-deposit of the tax liability, staying recovery pending compliance to appeal within a set timeframe. Failure to comply would lead to appeal dismissal. en-us Tue, 15 Dec 2015 00:00:00 +0530 Sat, 19 Mar 2016 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325437 The judgment addressed a stay application against the confirmation of a service tax demand of Rs. 34,53,54,680 for Renting of Immovable Property Service. The appellant argued that the amount received was a premium exempt from service tax based on a CESTAT judgment. The Revenue contended that pre-taxable service payments should be included in the assessable value. The court found the premium in this case was for continuous property enjoyment, distinct from the CESTAT judgment, and ordered a 7.5% pre-deposit of the tax liability, staying recovery pending compliance to appeal within a set timeframe. Failure to comply would lead to appeal dismissal. Case-Laws Service Tax Tue, 15 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325437