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HC held that the impugned order dated 24.11.2021 is quashed and the case remanded to the first respondent. The respondent must determine the value of services provided by equipment supply under Section 67 of Finance Act, 1994 and Service Tax (Determination of Value) Rules, 2006 within 30 days. The case involves two distinctive services - franchise service and equipment lending - with tax implications post-01.07.2012. The original order's reliance on education guide and decisions was deemed insufficient, necessitating a fresh evaluation of service valuation without invoking extended limitation period.
HC held that the impugned order dated 24.11.2021 is quashed and the case remanded to the first respondent. The respondent must determine the value of services provided by equipment supply under Section 67 of Finance Act, 1994 and Service Tax (Determination of Value) Rules, 2006 within 30 days. The case involves two distinctive services - franchise service and equipment lending - with tax implications post-01.07.2012. The original order's reliance on education guide and decisions was deemed insufficient, necessitating a fresh evaluation of service valuation without invoking extended limitation period.
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