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2017 (7) TMI 946 - CESTAT NEW DELHIValuation - abatement in the value of taxable service - N/N. 1/2006-ST dated 01.03.2006 - Held that: - the assessee-Appellants have reversed the entire disputed input service credit which acted as a bar for their claim of abatement under Notification No.01/2006-ST. We also note that such reversal, even later, will satisfy the condition of the Notification - It is also held in various decisions of the Tribunal that subsequent reversal of credit will remove the bar in availing such exemptions. Valuation - inclusion of free supplied material by the recipient of service in the valuation of taxable service - Held that: - similar issue decided in the case of Bhayana Builders Pvt. Ltd. [2013 (9) TMI 294 - CESTAT NEW DELHI (LB)] wherein the Larger Bench of the Tribunal held that the items supplied free of cost by the recipient of service have no relevance to consider the gross valuation of the taxable service for the purpose of N/N. 01/2006-ST. Appeal allowed - decided in favor of appellant.
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