Construction of residential or commercial complex service - Whether cost of material supplied free of cost by the contractee to the contractor in includible in the Gross value for the purpose of exemption under notification no. 1/2006 https://www.taxtmi.com/news?id=507 The core issue is whether the value of free material supplied by a principal to a contractor must be included in gross value for claiming exemption under the notification. The Delhi High Court observed that adjudication may proceed but authorities must not include the value of free material in determining the taxable service for the petitioner, and that the Explanation to the notification entry should not be applied to the petitioner's detriment for this purpose. en-us Sun, 13 Jul 2008 23:32:17 +0530 Sun, 24 Aug 2008 12:03:00 +0530 TaxTMI RSS Generator Construction of residential or commercial complex service - Whether cost of material supplied free of cost by the contractee to the contractor in includible in the Gross value for the purpose of exemption under notification no. 1/2006 https://www.taxtmi.com/news?id=507 The core issue is whether the value of free material supplied by a principal to a contractor must be included in gross value for claiming exemption under the notification. The Delhi High Court observed that adjudication may proceed but authorities must not include the value of free material in determining the taxable service for the petitioner, and that the Explanation to the notification entry should not be applied to the petitioner's detriment for this purpose. News - Sun, 13 Jul 2008 23:32:17 +0530 https://www.taxtmi.com/news?id=507