https://www.taxtmi.com/caselaws?id=347333 The Tribunal ruled in favor of the appellant, a recovery agent for nationalized banks, regarding the valuation of taxable services. It held that certain reimbursable expenses like parking charges, security arrangements, and insurance premiums could be excluded from the assessable value, contingent upon verification of agreements and supporting documents. Additionally, the Tribunal determined that the extended period of limitation for the demand of service tax from 1.5.2006 to 31.3.2009 could not be sustained due to the absence of willful misstatement or intent to evade tax. en-us Fri, 09 Jun 2017 00:00:00 +0530 Sat, 02 Sep 2017 11:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347333 The Tribunal ruled in favor of the appellant, a recovery agent for nationalized banks, regarding the valuation of taxable services. It held that certain reimbursable expenses like parking charges, security arrangements, and insurance premiums could be excluded from the assessable value, contingent upon verification of agreements and supporting documents. Additionally, the Tribunal determined that the extended period of limitation for the demand of service tax from 1.5.2006 to 31.3.2009 could not be sustained due to the absence of willful misstatement or intent to evade tax. Case-Laws Service Tax Fri, 09 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347333