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2018 (5) TMI 315 - AT - Service TaxValuation - Sale of Pre-paid Vouchers/ Recharge Vouchers (RCVs) at discounted rates to the distributors - Section 67 of the Finance Act, 1994 - Held that: - According to the amended provisions of Section 67, the value of any taxable service shall be the gross amount charged by the service provider for such service rendered by him - In instant case, the amount charged by the assessee (service-provider) is the amount received by them from dealers/distributors and nothing extra was charged by the appellants. Admittedly, Service tax was paid on this amount. It is true that the service rendered by the appellants by way of sale of pre-paid SIM cards was ultimately received by the subscribers. However, where the law prescribes the value of taxable service to be the gross amount charged by the service-provider, Service tax can be levied on that amount only. In the result, the assessee’s appeal succeeds and the same is allowed. Appeal dismissed - decided against Revenue.
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