2015 (8) TMI 1070 - AT - Service Tax

Waiver of pre deposit - Renting of immovable property - Held that - on the very same issue the CSITA had approached the Hon ble High Court and Hon ble High Court of Karnataka had taken the view that proceedings should not have been initiated in this case. In view of the decision of the Hon ble High Court, we consider that in this case also the requirement of pre-deposit has to be waived and stay against recovery has to be granted - Stay granted.

Summary

The Appellate Tribunal CESTAT Bangalore confirmed a service tax demand of Rs. 2,75,47,939 against the appellant, an administrative unit of CSI TA. The demand was related to rent received from property let out. The Tribunal waived the pre-deposit requirement and granted a stay against recovery based on a previous decision of the High Court of Karnataka.