TMI Blog2018 (8) TMI 1222X X X X Extracts X X X X X X X X Extracts X X X X ..... nsultants and Technocrats Pvt. Ltd. [2018 (3) TMI 357 - SUPREME COURT OF INDIA] wherein the Hon'ble Supreme Court has categorically observed that only with effect from May 14, 2015, by virtue of provisions of Section 67 itself, such reimbursable expenditure or cost would also form part of valuation of taxable services for charging service tax - appeal allowed - decided in favor of appellant. - ST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al. 2. The counsel for the appellants submitted that they are incurring postage charges in sending ordinary notice, registered notice and legal notices to their customers and the same are reimbursed by the customers. The Department contended that such services are within the ambit of 'Banking and Other Financial Services' in terms of Section 65(105)(zm) of the Finance Act, 1994. The app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x. We find that the issue is squarely settled in favour of the appellants in the case of UOI vs. Intercontinental Consultants and Technocrats Pvt. Ltd. (supra) wherein the Hon'ble Supreme Court has categorically observed that only with effect from May 14, 2015, by virtue of provisions of Section 67 itself, such reimbursable expenditure or cost would also form part of valuation of taxable s ..... X X X X Extracts X X X X X X X X Extracts X X X X
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