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Service Tax - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Valuation of taxable services - inclusion in assessable value, ...


Supreme Court to Decide if Free Items Should Be Included in Service Tax Valuation Per Bhayana Builders Case.

February 2, 2021

Case Laws     Service Tax     AT

Valuation of taxable services - inclusion in assessable value, the items supplied on free of cost - the decision of the Supreme Court in Bhayana Builders are clearly applicable to the facts of the present case inasmuch as the charge in the show cause notice is that the cost of material supplied free of cost should be included in the gross value of the taxable service provided by the appellant. - AT

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