2015 (1) TMI 345

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..... vice 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 notification, we find that the said notification talks about the aggregate value of the taxable services rendered, should be considered for the purpose of exemption and in this case if individually all the appellants be considered as provider .....

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..... service under the category of renting out of immovable property. 4. Learned counsel 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 M/s. Reliance Fresh Ltd. at a monthly rent of ₹ 2,45,883/-, who issues different cheques to all the above three appellants as they are co-owners. It is his subm .....

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..... ght the payment individually. It is his submission that the department is correct in assessing the Service Tax liability after considering the amount 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- .....

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