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2013 (11) TMI 920 - CESTAT NEW DELHIStay application - whether the amount received by the assessee from banks and financial institution towards reimbursement of some of the services offered by the assessee to the banks/ financial institutions must be excluded from the gross value of the taxable service in terms of Rule 5(2) of the Service Tax (Determination of Value) Rules, 2006 - Held that:- Whether the value received by the assessee in respect of services such as security, videography, photo rolls, iron boards, locking and sealing material etc. should be excluded from the gross taxable value, in view of provisions of Rule 5(2) of the Service Tax Rules is not wholly free from doubt at this stage. However, the entirety of the assessee’s claim for exclusion does not appear to be based on any sound legislative of statutory basis - Prima facie case not in favour of assessee - Stay granted partly.
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