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Service Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Valuation u/s 67 - works contract for retreading of tyres - ...


New Ruling: Service Tax on Tyre Retreading Contracts Limited to 30% of Total Value u/s 67.

January 23, 2017

Case Laws     Service Tax     SC

Valuation u/s 67 - works contract for retreading of tyres - assessee is liable to pay service tax only on the service component which has been quantified at 30% - Decision of larger bench of CESTAT set aside - SC

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