2019 (7) TMI 1161 - SCH - Service Tax

Service tax not leviable on the payments received by appellant from ICICI Bank by way of reimbursements of expenses - reimbursements of actual expenses are not subjected to tax - HELD THAT - The issue decided in the case of UNION OF INDIA AND ANR. VERSUS M/S. INTERCONTINENTAL CONSULTANTS AND TECHNOCRATS PVT. LTD. 2018 (3) TMI 357 - SUPREME COURT where it was held that only with effect from May 14, 2015, by virtue of provisions of Section 67 itself, such reimbursable expenditure or cost would also form part of valuation of taxable services for charging service tax. Appeal disposed off.

Summary

The Supreme Court disposed of the appeals in terms of the judgment in Union of India versus Intercontinental Consultants & Technocrats Private Limited ((2018) 4 SCC 669). Pending applications were also disposed of.