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TMI Blog2013 (12) TMI 1428X X X X Extracts X X X X X X X X Extracts X X X X ..... n Notification No. 6/2005-S.T., dated 1-3-2005 as amended vide Notification No. 8/2008-S.T., dated 1-3-2008, 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. In these cases, if the cheques for rent are received individually by all the appellants, it was indicated in the agree ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Chartered Accountant, for the Appellant. Shri Rajendra Nagar, AR, for the Respondent. ORDER All these five applications are filed against a common order-in-appeal for waiver of pre-deposit of amounts of service tax liability, as mentioned against each, interest thereof and penalties under Sections 76, 77 and 78 of Finance Act, 1994 :- Name of Appellant/Assessee Amo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed Accountant on behalf of the appellants would submit that all the above individuals are co-owner of a particular building and have rented out the premises to a person, who issues different cheques to all the above individuals 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... collectively received by the individual appellant. 6. After considering the submissions made by both sides, we find that benefit of SSI exemption Notification No. 6/2005-S.T., dated 1-3-2005 as amended vide Notification No. 8/2008-S.T., dated 1-3-2008, 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 t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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