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2018 (8) TMI 1013 - AT - Service TaxValuation of service tax - Clearing and Forwarding Agent services - inclusion of reimbursable expenses for the purposes of calculation of service tax - Held that:- The issue is no longer res integra and stands covered by the judgment of Hon’ble Supreme Court in the case of Intercontinental Consultants and Technocrats Pvt. Ltd. [2018 (3) TMI 357 - SUPREME COURT OF INDIA] wherein it was held by the Apex Court that under Section 67 of the Finance Act 1994 amount which is not calculated for providing taxable service cannot be part of the valuation of service tax and hence Rule 5 of Service Tax Rules 2006 insofar as it provided for inclusion of reimbursable expenses was ultra virus of Section 67 of the Finance Act. The expenses borne by the respondents in the course of rendering of the service and later reimbursed by their principals are not includible for the purposes of calculating the service tax - appeal dismissed - decided against Revenue.
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