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Service Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Valuation - value of HSD provided free of cost by the service ...


Free High-Speed Diesel Not Part of Transaction Value; Show Cause Notice Invalid Per Charging Section.

November 27, 2014

Case Laws     Service Tax     HC

Valuation - value of HSD provided free of cost by the service recipient cannot be brought within the value of the transaction exposed to the charging section and, therefore, the impugned show cause is liable to be quashed and set aside. - HC

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