Valuation in case of free services

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..... 5 of the circular no. 62/11/2003 ST dated 21/8/2003 . However, since all the previous circulars on Valuation has been withdrawn, is it correct to say that free services are not liable to tax even after withdrawal of circulars? The answer is yes in view of the author. The free services are still not liable to service tax However in case of Bharti Airtel Ltd. vs. CIT -2013 (7) TMI 182 .....

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..... . Such undisclosed benefit of appellant was at the cost of Revenue. The appellant failed in the course of hearing to satisfy that value of service were disclosed perquisite to its employees in its account and disclosed to Income tax Authority. Separate proceedings to be initiated in relation to the services provided by the appellant in different states. Stay application two third amount of s .....

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