https://www.taxtmi.com/caselaws?id=345137 Refundable security deposits received from tenants were treated as prima facie outside service tax, because the deposits were stated to be refundable on termination of the lease and were not shown to be consideration for service. Reimbursable water, electricity and diesel charges were also treated as prima facie excludible from taxable value, as the valuation approach under Rule 5(1) of the Service Tax (Determination of Value) Rules, 2006 had been struck down by the Delhi HC. CENVAT credit on input services used in construction of property was treated as prima facie admissible where the property was later used for taxable renting services, so waiver of pre-deposit was granted and recovery stayed. en-us Wed, 14 Jun 2017 00:00:00 +0530 Mon, 10 Jul 2017 10:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345137 Refundable security deposits received from tenants were treated as prima facie outside service tax, because the deposits were stated to be refundable on termination of the lease and were not shown to be consideration for service. Reimbursable water, electricity and diesel charges were also treated as prima facie excludible from taxable value, as the valuation approach under Rule 5(1) of the Service Tax (Determination of Value) Rules, 2006 had been struck down by the Delhi HC. CENVAT credit on input services used in construction of property was treated as prima facie admissible where the property was later used for taxable renting services, so waiver of pre-deposit was granted and recovery stayed. Case-Laws Service Tax Wed, 14 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345137