https://www.taxtmi.com/article/detailed?id=6677 Valuation of works contract service hinges on whether materials supplied free by the service recipient form part of the gross amount charged under section 67. Section 67 requires consideration to flow from recipient to provider and accrue to the provider's benefit; gratuitous supplies do not meet this test and therefore are outside taxable value. The tribunal held that only goods or materials for which the provider received consideration constitute gross amount charged and that an exemption notification cannot broaden taxable net to include values not taxable under section 67. Appeals by the department have been admitted, so final resolution remains pending. en-us Thu, 11 Feb 2016 01:17:54 +0530 Thu, 11 Feb 2016 01:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6677 Valuation of works contract service hinges on whether materials supplied free by the service recipient form part of the gross amount charged under section 67. Section 67 requires consideration to flow from recipient to provider and accrue to the provider's benefit; gratuitous supplies do not meet this test and therefore are outside taxable value. The tribunal held that only goods or materials for which the provider received consideration constitute gross amount charged and that an exemption notification cannot broaden taxable net to include values not taxable under section 67. Appeals by the department have been admitted, so final resolution remains pending. Articles Service Tax Thu, 11 Feb 2016 01:17:54 +0530 https://www.taxtmi.com/article/detailed?id=6677