Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be discontinued on 31-07-2025
If you encounter any issues or problems while using the new portal,
please
let us know via our feedback form
so we can address them promptly.
Home
2018 (5) TMI 878 - AT - Service TaxValuation - erection and commissioning or installation services - inclusion of the cost of material (structural sheet pipe plates bolts nuts inserts red oxide free supply of water and electricity) supplied by the service recipient in the taxable value of service - Held that - the respondent-assessee have not sold any fabricated material to the service recipient. Therefore the question of sale of the plant machinery equipment parts and any other material as prescribed in the notification does not arise and hence no value in the gross amount charged is includible which is also evident from the contract in which it has been specifically provided that the raw material is being supplied free of cost on job work basis - the cost of raw material supplied by the service recipient is not includible in the taxable value of service as defined under Section 67 of the Finance Act 1994 - appeal dismissed - decided against Revenue.
|