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Service Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Valuation - works Contract - inclusion of FOC material - ...


Free-of-Charge Materials Excluded from Service Tax Exemptions u/s 93 for Works Contracts Valuation.

February 21, 2018

Case Laws     Service Tax     SC

Valuation - works Contract - inclusion of FOC material - exemption u/s 93 can only be granted in respect of those activities which the Parliament is competent to levy service tax - The value of the goods/materials cannot be added for the purpose of aforesaid notification - SC

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