Appellate Tribunal Excludes Statutory Levy from Taxable Value

The Appellate Tribunal CESTAT Chennai ruled in favor of the appellant, holding that statutory levy expenses on reimbursable charges should not be included in the taxable value. The decision was based on a precedent set by the Hon'ble Supreme Court in a similar case. The impugned order was overturned, and the appeal was granted with appropriate legal benefits.

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The Appellate Tribunal CESTAT Chennai ruled in favor of the appellant, stating that expenses like statutory levy on reimbursable charges recovered from clients should not be included in the taxable value. The decision was based on a previous ruling by the Hon'ble Apex Court in the case of UOI Vs Intercontinental Consultants And Technocrats Pvt. Ltd. - 2018 (3) TMI 357 - SC. The impugned order was set aside, and the appeal was allowed with consequential benefits as per law.

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