Free-of-Charge Materials Excluded from Service Tax Exemptions u/s 93 for Works Contracts Valuation. https://www.taxtmi.com/highlights?id=38056 Valuation - works Contract - inclusion of FOC material - exemption u/s 93 can only be granted in respect of those activities which the Parliament is competent to levy service tax - The value of the goods/materials cannot be added for the purpose of aforesaid notification - SC en-us Wed, 21 Feb 2018 07:09:32 +0530 Wed, 21 Feb 2018 07:09:32 +0530 TaxTMI RSS Generator Free-of-Charge Materials Excluded from Service Tax Exemptions u/s 93 for Works Contracts Valuation. https://www.taxtmi.com/highlights?id=38056 Valuation - works Contract - inclusion of FOC material - exemption u/s 93 can only be granted in respect of those activities which the Parliament is competent to levy service tax - The value of the goods/materials cannot be added for the purpose of aforesaid notification - SC Highlights Service Tax Wed, 21 Feb 2018 07:09:32 +0530 https://www.taxtmi.com/highlights?id=38056