https://www.taxtmi.com/article/detailed?id=1983 Rule 5's provision treating all expenditures incurred "in the course of providing taxable service" as consideration for valuation conflicts with the Finance Act's charging and valuation provisions. Only the consideration received for the particular taxable service can be taxed; amounts reimbursed as pure agent payments, properly documented, separately indicated and recovered without markup, are not part of the provider's taxable value. A rule that expands valuation to include such reimbursements exceeds delegated power and risks double taxation. en-us Thu, 27 Dec 2012 16:11:43 +0530 Thu, 03 Sep 2015 11:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1983 Rule 5's provision treating all expenditures incurred "in the course of providing taxable service" as consideration for valuation conflicts with the Finance Act's charging and valuation provisions. Only the consideration received for the particular taxable service can be taxed; amounts reimbursed as pure agent payments, properly documented, separately indicated and recovered without markup, are not part of the provider's taxable value. A rule that expands valuation to include such reimbursements exceeds delegated power and risks double taxation. Articles Service Tax Thu, 27 Dec 2012 16:11:43 +0530 https://www.taxtmi.com/article/detailed?id=1983