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2019 (2) TMI 439 - CESTAT KOLKATAValuation - inclusion of reimbursable expenses received from the principals in the assessable value - Clearing and Forwarding Agent service Held that:- Hon’ble Supreme Court in their recent decision in the case of Intercontinental Consultants and Technocrats Pvt. Ltd. Vs. Union of India [2018 (3) TMI 357 - SUPREME COURT OF INDIA] has upheld the decision of the Hon’ble Delhi High Court which struck down as ultra vires Rule 5 (1) of the Service Tax (Determination of Value) Rules, 2006. This rule provides for treating any expenditure/costs incurred by service provider in the course of providing the taxable service, to be treated as consideration. The levy of Service Tax on expenses cannot be sustained - appeal allowed - decided in favor of appellant.
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