Saturday, May 16, 2015

No ST on movable fixtures under renting of immovable property services even if they were let out along with premises

The Banglore CESTAT held that where assessee had provided 'movable' fixtures/ assets to tenants for using in facility along with renting of immovable property, service tax cannot be demanded under 'renting of immovable property' in respect of movable assets.

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