Real Estate
CESTAT Ruling: Odisha State Housing Board's Services Not Taxable
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that the sale of application forms, tender papers, and publicity work by the Odisha State Housing Board are not taxable services.
Real Estate
CESTAT Ruling: Electricity Charges Collected by Builders on Actuals Not Taxable as Services
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that electricity charges collected by builders from tenants on an actual basis, acting as pure agents, are not taxable as services.
Real Estate
CESTAT Overturns Commissioner's Order on Cenvat Credit Denial
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) in Bangalore has overturned the Commissioner's decision to deny Cenvat Credit to Divyasree Holdings Pvt. Ltd. The decision was based on the absence of nexus between input and output services, specifically for the construction of a commercial complex that was later rented out.
Real Estate
CESTAT Overrules Extended Limitation Period for Misclassification and Undervaluation
The Allahabad Bench of CESTAT has set aside the extended limitation period invoked against Mishrambu Beverages Pvt. Ltd. for misclassification and undervaluation of dry fruit sharbats, syrups, and squashes. The tribunal found that the assessee had fully disclosed the nature, classification, and ingredients of its goods.