https://www.taxtmi.com/caselaws?id=250195 The Tribunal set aside the Commissioner (Appeals) order granting the benefit of Notification No. 12/2003-ST to the respondents in a dispute over the assessable value for service tax calculation in retreading of tyres. The Tribunal found merit in the Revenue's argument that the cost of rubber should be included in the assessable value due to lack of separate invoices for the sale of goods and materials. However, the respondents were not held liable for penalties under Section 80 of the Finance Act, 1994. The appeal was disposed of with the restoration of the adjudicating authority's order. en-us Thu, 26 Jun 2014 00:00:00 +0530 Mon, 29 Jun 2015 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250195 The Tribunal set aside the Commissioner (Appeals) order granting the benefit of Notification No. 12/2003-ST to the respondents in a dispute over the assessable value for service tax calculation in retreading of tyres. The Tribunal found merit in the Revenue's argument that the cost of rubber should be included in the assessable value due to lack of separate invoices for the sale of goods and materials. However, the respondents were not held liable for penalties under Section 80 of the Finance Act, 1994. The appeal was disposed of with the restoration of the adjudicating authority's order. Case-Laws Service Tax Thu, 26 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250195