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2017 (11) TMI 1276 - AT - Service TaxValuation - inclusion of certain concession in the fees by way of their scholarship scheme - Revenue entertained a view that the difference between the actual tuition fee paid by these candidates who were offered concession and the normal fee paid by the other candidates should be considered as a taxable value by applying Rule 3 of Service Tax Valuation Rules, 2006 - Section 67 - Held that: - In terms of Section 67, the service tax liability will arise on gross value - there are no reason to consider the concessional portion of fee which is as per the pre-declared publicity material, as part of non-monetary consideration requiring addition to the monetary consideration to arrive at the gross value - there is nothing to hold that the scheme is other than a bonafide practice - valuation rules cannot be invoked - appeal allowed - decided in favor of appellant.
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