Service Tax and Penalty Demand Overturned; Expenses Deemed Product Costs, Not Business Auxiliary Service.

Service Tax and Penalty Demand Overturned; Expenses Deemed Product Costs, Not Business Auxiliary Service. https://www.taxtmi.com/highlights?id=27505 The costs claimed to be reimbursibles are not attributable to the 'business auxiliary service' rendered by the assessee but to the cost of the product itself. Not surprisingly, the bank reimburses these expenses - demand of service tax with penalty set aside - AT en-us Fri, 26 Feb 2016 16:24:15 +0530 Fri, 26 Feb 2016 16:24:15 +0530 TaxTMI RSS Generator Service Tax and Penalty Demand Overturned; Expenses Deemed Product Costs, Not Business Auxiliary Service. https://www.taxtmi.com/highlights?id=27505 The costs claimed to be reimbursibles are not attributable to the 'business auxiliary service' rendered by the assessee but to the cost of the product itself. Not surprisingly, the bank reimburses these expenses - demand of service tax with penalty set aside - AT Highlights Service Tax Fri, 26 Feb 2016 16:24:15 +0530 https://www.taxtmi.com/highlights?id=27505