https://www.taxtmi.com/caselaws?id=360114 In a works contract service valuation dispute, the taxable value had been computed on gross receipts without the statutory abatement prescribed under the valuation rules. The applicable framework required tax to be calculated on the prescribed percentage of the total amount charged, so a demand based on the unadjusted gross value could not survive. The demand relating to laying underground cables and similar work done before 1 July 2012 was also found unsustainable in light of the relevant notification and TRU circular. The impugned order was set aside, the assessee's appeal was allowed, and the Revenue's appeal was dismissed. en-us Thu, 03 May 2018 00:00:00 +0530 Thu, 10 May 2018 06:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360114 In a works contract service valuation dispute, the taxable value had been computed on gross receipts without the statutory abatement prescribed under the valuation rules. The applicable framework required tax to be calculated on the prescribed percentage of the total amount charged, so a demand based on the unadjusted gross value could not survive. The demand relating to laying underground cables and similar work done before 1 July 2012 was also found unsustainable in light of the relevant notification and TRU circular. The impugned order was set aside, the assessee's appeal was allowed, and the Revenue's appeal was dismissed. Case-Laws Service Tax Thu, 03 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360114