Home Case Index All Cases Service Tax Service Tax + HC Service Tax - 2014 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (9) TMI 414 - HC - Service TaxValuation - reduction of the value of material supplied - notification no. 12/2003 dated 20-6-2003 - Held that:- value of goods and material sold by service provider to the recipient of service shall be exempted from Service Tax liable under Section 66 of the Finance Act, 1994 but admittedly the assessing authority while passing impugned order has completely ignored aforesaid notification for the reasons best known to him though he must be well aware of the said notification issued by Central Government. - matter is remanded for fresh decision - Decided in favor of assessee.
|