2014 (1) TMI 1606

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..... ellant filed this appeal against the impugned order. In appeal passed by Commissioner (Appeals) the appellants are challenging the demand and interest, the appellants are only challenging the imposition of penalties imposed under Section 77 & 78 of the Finance Act. The contention of the appellant is that the demand is confirmed after taking into consideration the cost of cement and steel supplied .....

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..... e tax and interest. Tribunal in the case of Bhayana Builders (P) Ltd. held as under:       "(a) The value of goods and materials supplied free of cost of by a service recipient to the provider of the taxable construction service, being neither monetary or non-monetary consideration paid by or flowing from the service recipient, accruing to the benefit of service provider, .....

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