https://www.taxtmi.com/caselaws?id=778981 CESTAT held that service-tax demand for receipts received up to 30.06.2012 cannot be sustained because the later statutory definition of "person" was not retrospective. Demand for July 2012-March 2015 was upheld: the state urban trust was treated as a trust/statutory body not entitled to the claimed exemption and the project did not qualify under the relevant exemption then in force. Quantum assessment on receipt-based stage completions was affirmed. Extended limitation and penalties were cancelled for bona fide belief, and the impugned order was amended with the appeal allowed in part. en-us Thu, 25 Sep 2025 00:00:00 +0530 Fri, 26 Sep 2025 08:26:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778981 CESTAT held that service-tax demand for receipts received up to 30.06.2012 cannot be sustained because the later statutory definition of "person" was not retrospective. Demand for July 2012-March 2015 was upheld: the state urban trust was treated as a trust/statutory body not entitled to the claimed exemption and the project did not qualify under the relevant exemption then in force. Quantum assessment on receipt-based stage completions was affirmed. Extended limitation and penalties were cancelled for bona fide belief, and the impugned order was amended with the appeal allowed in part. Case-Laws Service Tax Thu, 25 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778981