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2018 (9) TMI 1592 - AT - Service TaxValuation - inclusion of 70% of value towards material cost in assessable value - defence of the appellant was that they had already paid VAT on the remaining 70% of the gross charges - Department took a view that the goods used in providing the services are to be treated as inputs for providing the service and accordingly the cost of such inputs should form integral part of the taxable value of such services. Held that:- The Hon’ble Apex Court in the landmark judgment Safety Retreading Co. (P) Ltd. Vs CCE Salem [2017 (1) TMI 1110 - SUPREME COURT] has unequivocally held that when the assesseee had paid tax under the State statute on the value component of material used, service tax would be exigible only on the remaining value of services provided - appeal allowed - decided in favor of appellant.
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