https://www.taxtmi.com/article/detailed?id=7902 Materials and facilities supplied free of cost by the service recipient remain the recipient's property and, absent any amount received by the service provider, are not included in the gross amount charged for valuation of taxable services. Where statutory valuation methods do not expressly require inclusion of free recipient-supplied goods, their value cannot be added to the taxable base. Memorandum entries for temporary use do not convert recipient-owned goods into taxable supplies, though service content may include incidental consumables depending on the nature of the service. en-us Mon, 05 Mar 2018 07:12:52 +0530 Mon, 05 Mar 2018 07:12:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7902 Materials and facilities supplied free of cost by the service recipient remain the recipient's property and, absent any amount received by the service provider, are not included in the gross amount charged for valuation of taxable services. Where statutory valuation methods do not expressly require inclusion of free recipient-supplied goods, their value cannot be added to the taxable base. Memorandum entries for temporary use do not convert recipient-owned goods into taxable supplies, though service content may include incidental consumables depending on the nature of the service. Articles Service Tax Mon, 05 Mar 2018 07:12:52 +0530 https://www.taxtmi.com/article/detailed?id=7902