Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2018 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (10) TMI 1155 - AT - Service TaxValuation - Banking and other Financial Services - includibility of out of pocket expenses - contention in the show-cause notice was that the postal and telegram and swift charges collected by the bank as out of pocket expenses during the period from April 2005 to March 2010 were liable for service tax - whether the reimbursement of expenses is to be included in the value of taxable service or not during the relevant period? Held that:- This issue was examined by the Hon’ble Supreme Court elaborately in the case of Intercontinental Consultants and Technocrats Pvt. Ltd. [2018 (3) TMI 357 - SUPREME COURT OF INDIA] and the Hon’ble Supreme Court has held that reimbursable expenses are not to be included in the value of taxable service for the purpose of service tax. The impugned order is not sustainable in law - appeal allowed - decided in favor of appellant.
|