https://www.taxtmi.com/caselaws?id=446438 CESTAT Kolkata held that renting quarters to contractor employees for residential purposes does not attract service tax under "Renting of Immovable Property Service." The tribunal ruled that immovable property for service tax purposes excludes buildings solely used for residential purposes, distinguishing them from commercial properties like factories or offices. The demand of Rs.20,83,934/- with interest was set aside as unsustainable. Additionally, the entire penalty of Rs.53,09,952/- was waived under Section 80 of Finance Act, 1994, since appellant had paid other service tax dues before notice issuance. Appeal allowed partly. en-us Thu, 09 Nov 2023 00:00:00 +0530 Tue, 05 Dec 2023 07:36:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446438 CESTAT Kolkata held that renting quarters to contractor employees for residential purposes does not attract service tax under "Renting of Immovable Property Service." The tribunal ruled that immovable property for service tax purposes excludes buildings solely used for residential purposes, distinguishing them from commercial properties like factories or offices. The demand of Rs.20,83,934/- with interest was set aside as unsustainable. Additionally, the entire penalty of Rs.53,09,952/- was waived under Section 80 of Finance Act, 1994, since appellant had paid other service tax dues before notice issuance. Appeal allowed partly. Case-Laws Service Tax Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446438