https://www.taxtmi.com/caselaws?id=241348 For service tax purposes, the value of spare parts used in transformer repair and maintenance was held not to form part of the taxable service value where the parts were separately accounted for and sales tax or VAT had been paid on their sale. The Tribunal applied its earlier decisions and Board Circular No. 96/7/2007-S.T., which recognise that goods sold on payment of VAT or sales tax are excluded from the service tax valuation base. The view that replacement of parts was a contractual condition did not alter that position, and unconditional stay was granted. en-us Thu, 29 Mar 2012 00:00:00 +0530 Sat, 21 Dec 2013 08:45:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241348 For service tax purposes, the value of spare parts used in transformer repair and maintenance was held not to form part of the taxable service value where the parts were separately accounted for and sales tax or VAT had been paid on their sale. The Tribunal applied its earlier decisions and Board Circular No. 96/7/2007-S.T., which recognise that goods sold on payment of VAT or sales tax are excluded from the service tax valuation base. The view that replacement of parts was a contractual condition did not alter that position, and unconditional stay was granted. Case-Laws Service Tax Thu, 29 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241348