Value of free supply of material by service recipient is not required to be included in the gross amount for chargeability of Service tax
Last updated: 11 February 2015
Court :
Hon’ble CESTAT, New Delhi
Brief :
Vide Order-in-Original dated May 31, 2013, Service tax demand of Rs. 30,59,07,287/- for the period April, 2010 to March, 2011 was confirmed along with interest, Cenvat credit amounting to Rs. 49,25,935/- was disallowed and ordered to be recovered as inadmissible Cenvat credit and the suo-moto adjustment of Service tax amounting to Rs. 2,60,910/- was also disallowed. Penalties under Section 76 and Section 77 of the Finance Act, 1994 (“the Finance Act”) were also imposed on the Appellant. Being aggrieved, the Appellant preferred an appeal before the Hon’ble CESTAT, Delhi.
Citation :
Ahluwalia Contracts (India) Ltd. Vs. Commissioner of Service Tax, New Delhi [2015-TIOL-270-CESTAT-DEL]
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Bimal Jain
Published in Service Tax
Views : 2326
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