https://www.taxtmi.com/caselaws?id=764778 CESTAT Mumbai held that a builder was not liable to pay service tax on consideration received from buyers after issuance of occupancy certificate. The tribunal ruled that Ministry of Finance clarification dated 26.10.2015, originally issued for BMC cases, applies universally to all municipal corporations including Vasai-Virar Municipal Corporation. The court determined that occupancy certificate fulfills the "completion certificate" requirement under Section 66E(b) of Finance Act, 1994, as it confirms building completion by competent authority. Post-occupancy certificate sales constitute mere transfer of immovable property title, not service provision, thus falling outside service tax purview. Appeal dismissed. en-us Wed, 15 Jan 2025 00:00:00 +0530 Sat, 18 Jan 2025 08:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764778 CESTAT Mumbai held that a builder was not liable to pay service tax on consideration received from buyers after issuance of occupancy certificate. The tribunal ruled that Ministry of Finance clarification dated 26.10.2015, originally issued for BMC cases, applies universally to all municipal corporations including Vasai-Virar Municipal Corporation. The court determined that occupancy certificate fulfills the "completion certificate" requirement under Section 66E(b) of Finance Act, 1994, as it confirms building completion by competent authority. Post-occupancy certificate sales constitute mere transfer of immovable property title, not service provision, thus falling outside service tax purview. Appeal dismissed. Case-Laws Service Tax Wed, 15 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764778