2013 (11) TMI 505

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..... M. Misra; This is an Application seeking waiver of predeposit of service tax of Rs.64,98,738/- and equal amount of penalty imposed under Section 78 of the Finance Act. 2. At the outset, ld. CA for the Applicant has submitted that they are providing the services under the category of 'Real Estate Agent's Service'. They had incurred various expenditures on behalf of their Principal and the same a .....

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..... ispute that the present issue relates to exclusion from reimbursable expenditure in the Gross Taxable Value under Rule 5(1) of the Service Tax Valuation Rules, 2006. 4. Heard both sides and perused the records. We find that the Hon'ble Delhi High Court in the case of Intercontinental Consultants & Technocrats (supra) had since struck down Rule 5(1) of the Service Tax (Determination of Value) Rule .....

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