Dismissing the appeal of the revenue the Court held that ,the collection of non-refundable deposits by the assessee from prospective flat buyers, for maintaining the building, does not result in the assessee providing management, maintenance or repair service as defined in Section 65(105)(zzg) of Finance Act 1994 ( C EA no. 9 of 2018, dt. 19.09.2018)
CST v. Crescendo Associates ( Bom) (HC) www.itatonline.org CST v. Shri Krishna Chaitanya Enterprises ( Bom)(HC) www.itatonline.org CST v. Green Valley Developers( Bom) (HC) www.itatonline.org , CST v Kumar Rathi ( Bom) (HC) www.itatonline.org
Goods and service tax. Finance Act 1994
S. 65: Builder- Collection of non refundable deposits – Not liable to collect service tax .