https://www.taxtmi.com/caselaws?id=214751 The High Court ruled in favor of the assessee, setting aside the pre-deposit requirement imposed by CESTAT. The Court disagreed with including the cost of electricity supplied free of cost by customers in the taxable service value. It clarified that non-monetary benefits should not be considered unless they constitute received consideration. The judgment emphasized the distinction between consideration for services and non-monetary benefits, providing clarity on the interpretation of service tax laws. en-us Mon, 09 Jul 2012 00:00:00 +0530 Thu, 14 Aug 2014 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214751 The High Court ruled in favor of the assessee, setting aside the pre-deposit requirement imposed by CESTAT. The Court disagreed with including the cost of electricity supplied free of cost by customers in the taxable service value. It clarified that non-monetary benefits should not be considered unless they constitute received consideration. The judgment emphasized the distinction between consideration for services and non-monetary benefits, providing clarity on the interpretation of service tax laws. Case-Laws Service Tax Mon, 09 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214751