https://www.taxtmi.com/caselaws?id=190632 Consideration received for permitting advertisement on municipal property was treated as falling within the taxable service of sale of space or time for advertisement under the Finance Act, 1994. The plea that the receipts were collected as advertisement tax under the Punjab Municipal Act, 1976 did not, on a prima facie basis, create immunity from service tax. Section 76 indicated that such collections formed part of the Corporation Fund and were not State revenue for Article 289 of the Constitution. On that view, pre-deposit was waived and further proceedings stayed subject to deposit of the service tax demand and corresponding interest within time, excluding penalties. en-us Wed, 30 Oct 2013 00:00:00 +0530 Tue, 21 Feb 2017 10:54:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190632 Consideration received for permitting advertisement on municipal property was treated as falling within the taxable service of sale of space or time for advertisement under the Finance Act, 1994. The plea that the receipts were collected as advertisement tax under the Punjab Municipal Act, 1976 did not, on a prima facie basis, create immunity from service tax. Section 76 indicated that such collections formed part of the Corporation Fund and were not State revenue for Article 289 of the Constitution. On that view, pre-deposit was waived and further proceedings stayed subject to deposit of the service tax demand and corresponding interest within time, excluding penalties. Case-Laws Service Tax Wed, 30 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190632