2014 (10) TMI 418

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..... Determination of Value) Rules 2006 will apply not only to monetary loan but also to loan given in the form of gold. The other issue regarding the service tax for the amount of receipt in the form of margin of profit for safekeeping of the gold in the vault, the Tribunal directed the applicant to make a predeposit of about 10% of the tax - Conditional stay granted. - ST/42517/2013 - Misc. Order No .....

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..... 42218 42219/2013 dated 4.9.2013 observed that prima facie the provisions of Rule 6(2)(iv) of Service Tax (Determination of Value) Rules 2006 will apply not only to monetary loan but also to loan given in the form of gold. The other issue regarding the service tax for the amount of receipt in the form of margin of profit for safekeeping of the gold in the vault, the Tribunal directed the applican .....

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