https://www.taxtmi.com/caselaws?id=250971 The Appellate Tribunal CESTAT MUMBAI, in a judgment delivered by S S Kang, ruled on the applicability of service tax on free supply material in industrial or commercial construction activities. The Tribunal held that the value of free supply material by the service recipient should not be considered for calculating the assessable value for service tax. Citing a precedent set by the Larger Bench in a previous case, the Tribunal concluded that free supply material does not form part of the taxable value as it does not accrue to the benefit of the service provider. Consequently, the Tribunal set aside the service tax demands, interest, and penalties, allowing the appeals. en-us Wed, 02 Jul 2014 00:00:00 +0530 Sat, 30 Aug 2014 16:10:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250971 The Appellate Tribunal CESTAT MUMBAI, in a judgment delivered by S S Kang, ruled on the applicability of service tax on free supply material in industrial or commercial construction activities. The Tribunal held that the value of free supply material by the service recipient should not be considered for calculating the assessable value for service tax. Citing a precedent set by the Larger Bench in a previous case, the Tribunal concluded that free supply material does not form part of the taxable value as it does not accrue to the benefit of the service provider. Consequently, the Tribunal set aside the service tax demands, interest, and penalties, allowing the appeals. Case-Laws Service Tax Wed, 02 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250971