2012 (11) TMI 212

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..... shold limit of rupees ten lakhs about the aggregate value of the taxable services rendered in the preceding financial year and in this case individually all the appellants be considered as provider of such service - applications for waiver of pre-deposit of amounts are allowed and recoveries thereof stayed till disposal of appeals. - ST/185 to 187 of 2012 - S/1833-1835/WZB/AHD/2012 - Dated:- 3-9- .....

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..... ng and have rented out the premises to M/s. Indian Overseas Bank at a monthly rent of Rs.96,415/-, who issues different cheques to all the above three appellants as they are co-owners. It is his submission that the amount received by the individuals would be within the threshold limit of SSI exemption as granted by Notification No.6/2005-ST dated 01.03.2005 and amended vide Notification No. 08/200 .....

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..... After considering the submissions made by both sides, we find that benefit of SSI exemption Notification No.6/2005-ST dated 01.3.2005 as amended vide Notification No.8/2008-ST dated 01.3.2008, grants the benefit of exemption of service tax per year, provided that the assessee has not crossed the threshold limit of rupees ten lakhs in the preceding financial year. On perusal of the said notificatio .....

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