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TMI Blog2018 (6) TMI 1003X X X X Extracts X X X X X X X X Extracts X X X X ..... tion No. 6/2005-ST. As regard the contention of the Revenue that the value of GTA service to be included in the aggregate value. It is clear that for calculating the aggregate value of threshold limit of ₹ 4 lakhs, the value of goods transport agency service for which the person liable of paying the service tax shall not be taken into account. In this position the only value of renting of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice on reverse charge mechanism and renting of part of the premises of their office building. He submits that the demand was raised for 5 years i.e. from 2007-08 to 2011-12. In every financial year the total amount of rent received is below ₹ 4 lakhs therefore they are entitled for the exemption notification No.6./2005-ST dt.1.3.2006, therefore the demand is not sustainable. 3. Shri Vi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enting of immoveable property service are as under: Period Income Received 2007-08 394500 2008-09 214788 2009-10 138000 2010-11 138000 2011-12 144050 From ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng service tax is as specified under subsection (2) of section 68 of the said Finance Act read with Service Tax Rules, 1994, shall not be taken into account. Explanation.- For the purposes of this notification,- (A) brand name or trade name means a brand name or a trade name, whether registered or not, that is to say, a name or a mark, such as symbol, monogram, logo, label, signature, or inven ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ance Act under any other notification. From the above para 3 of the notification, it is clear that for calculating the aggregate value of threshold limit of ₹ 4 lakhs, the value of goods transport agency service for which the person liable of paying the service tax shall not be taken into account. In this position the only value of renting of immoveable property shall be taken into acc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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