https://www.taxtmi.com/caselaws?id=291211 The Tribunal allowed the appeal, directing the refund of service tax with interest. The appellant, a property developer, was eligible for exemption under Notification No. 25/2012-S.T. despite paying service tax on legal consultancy services under reverse charge. The Tribunal clarified that turnover should reflect sales or services rendered, excluding purchases, and ruled that inventory changes do not constitute turnover. As the appellant's turnover, excluding inventory changes, was below the exemption threshold, the Tribunal granted the refund. en-us Tue, 15 Jan 2019 00:00:00 +0530 Mon, 02 Nov 2020 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291211 The Tribunal allowed the appeal, directing the refund of service tax with interest. The appellant, a property developer, was eligible for exemption under Notification No. 25/2012-S.T. despite paying service tax on legal consultancy services under reverse charge. The Tribunal clarified that turnover should reflect sales or services rendered, excluding purchases, and ruled that inventory changes do not constitute turnover. As the appellant's turnover, excluding inventory changes, was below the exemption threshold, the Tribunal granted the refund. Case-Laws Service Tax Tue, 15 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291211