https://www.taxtmi.com/caselaws?id=360962 The Appellate Tribunal CESTAT Ahmedabad allowed the appeal, setting aside the Order-in-Appeal issued by the Commissioner (Appeals) Ahmedabad. The Tribunal held that the appellant was only liable to pay service tax on the service component of retrading tires, excluding the value of raw materials used, in line with the Supreme Court's judgment in the Safety Retrading Co. case. The decision emphasized the exclusion of material costs from the taxable value under Section 67 of the Finance Act, 1994, leading to a favorable outcome for the appellant. en-us Wed, 04 Apr 2018 00:00:00 +0530 Sat, 26 May 2018 07:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360962 The Appellate Tribunal CESTAT Ahmedabad allowed the appeal, setting aside the Order-in-Appeal issued by the Commissioner (Appeals) Ahmedabad. The Tribunal held that the appellant was only liable to pay service tax on the service component of retrading tires, excluding the value of raw materials used, in line with the Supreme Court's judgment in the Safety Retrading Co. case. The decision emphasized the exclusion of material costs from the taxable value under Section 67 of the Finance Act, 1994, leading to a favorable outcome for the appellant. Case-Laws Service Tax Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360962