Tagged “finance-act-1994”

3 articles on finance-act-1994.

TribunalCustoms, Excise and Service Tax Appellate Tribunal, Bangalore

Karinje Sripathi Bhat v. Commissioner of Central Excise (2026): renting residential premises for student accommodation is exempt under the negative list

A Bangalore Bench of CESTAT held that a building rented to an educational foundation for student accommodation falls within Section 66D(m) of the Finance Act 1994 — renting of a residential dwelling for use as residence — and is not service-taxable, because the exemption turns on residential use, not on the identity of the tenant.

Valkya Editorial·21 Jun 2026·6 min

TribunalCustoms, Excise and Service Tax Appellate Tribunal

Faiveley Transport v. CGST: an interpretational dispute bars extended limitation

CESTAT Chennai held the extended period under Section 73(1) Finance Act 1994 cannot be invoked where alleged suppression is interpretational, allowing Faiveley.

Valkya Editorial·15 Jun 2026·7 min

Supreme CourtSupreme Court of India

CCE Kerala v. Larsen & Toubro: no service tax on works contracts before 1 June 2007

On 20 August 2015, a two-judge bench held that composite works contracts could not be taxed as services before 1 June 2007 for want of a charging section and a machinery provision.

Valkya Editorial·1 Jun 2026·9 min