https://www.taxtmi.com/caselaws?id=445934 CESTAT Chennai held that service tax demand on rent received for Fit Outs cannot be sustained. The tribunal ruled that Fit Outs are movable property, not immovable property, and cannot be classified under "renting of immovable property service." Since the appellant had already paid VAT on the consideration received for transfer of right to use goods, and VAT and Service Tax being mutually exclusive, additional service tax demand on the same consideration was invalid. Following precedent from Ascendas IT Park case, the tribunal set aside the impugned orders and allowed the appeal. en-us Tue, 07 Nov 2023 00:00:00 +0530 Wed, 22 Nov 2023 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445934 CESTAT Chennai held that service tax demand on rent received for Fit Outs cannot be sustained. The tribunal ruled that Fit Outs are movable property, not immovable property, and cannot be classified under "renting of immovable property service." Since the appellant had already paid VAT on the consideration received for transfer of right to use goods, and VAT and Service Tax being mutually exclusive, additional service tax demand on the same consideration was invalid. Following precedent from Ascendas IT Park case, the tribunal set aside the impugned orders and allowed the appeal. Case-Laws Central Excise Tue, 07 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445934