https://www.taxtmi.com/caselaws?id=759352 CESTAT Ahmedabad held that appellant's rental income of Rs. 6,57,000 per annum qualified for service tax exemption under N/N. 33/2012-ST as it was below the Rs. 10,00,000 threshold. The tribunal ruled that service tax paid on reverse charge basis for GTA, security, insurance and transportation services could not be clubbed with rental service value. Since no Cenvat credit was availed for rental services specifically, the exemption notification's conditions were satisfied. The demand was set aside and appeal allowed. en-us Thu, 26 Sep 2024 00:00:00 +0530 Sat, 28 Sep 2024 13:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759352 CESTAT Ahmedabad held that appellant's rental income of Rs. 6,57,000 per annum qualified for service tax exemption under N/N. 33/2012-ST as it was below the Rs. 10,00,000 threshold. The tribunal ruled that service tax paid on reverse charge basis for GTA, security, insurance and transportation services could not be clubbed with rental service value. Since no Cenvat credit was availed for rental services specifically, the exemption notification's conditions were satisfied. The demand was set aside and appeal allowed. Case-Laws Service Tax Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759352