https://www.taxtmi.com/caselaws?id=208834 The Tribunal ruled in favor of the appellants, finding that the value of study material supplied should not be included in the gross value of services for service tax calculation. The appellants were granted exemption under Notification No. 12/2003-S.T. for the value of goods sold. However, the denial of Cenvat credit was upheld, with the Tribunal allowing the appellant to pay a reduced penalty amount. en-us Tue, 30 Aug 2011 00:00:00 +0530 Tue, 19 Aug 2014 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208834 The Tribunal ruled in favor of the appellants, finding that the value of study material supplied should not be included in the gross value of services for service tax calculation. The appellants were granted exemption under Notification No. 12/2003-S.T. for the value of goods sold. However, the denial of Cenvat credit was upheld, with the Tribunal allowing the appellant to pay a reduced penalty amount. Case-Laws Service Tax Tue, 30 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208834