2008 (1) TMI 817 - SCH - Service Tax

Valuation of goods - Supreme Court after condoning the delay dismissed the appeal where CESTAT held that where the law prescribes the value of taxable service to be the gross amount charged by the service-provider Service tax can be levied on that amount only. In the result the assessee s appeal succeeds and the same is allowed. Now that assessee has been held not liable to pay any differential Service tax they have no penal liability.

Summary

The Supreme Court of India dismissed the civil appeal in 2008 (1) TMI 817, with delay condoned. Judges were Ashok Bhan and Dalveer Bhandari, and the petitioner was represented by Mr. B. Krishna Prasad.