https://www.taxtmi.com/caselaws?id=365541 Reimbursable expenses first borne by a service provider and later recovered from the principal are not includible in the taxable value for service tax under section 67 of the Finance Act, 1994, where they do not form part of the consideration for the taxable service. The Tribunal applied the principle that valuation is confined to the amount charged for the service, and held that a rule cannot expand the statutory measure by adding reimbursed expenses. On that basis, the reimbursed amounts were excluded from assessable value and the Revenue's challenge failed. en-us Mon, 23 Jul 2018 00:00:00 +0530 Mon, 20 Aug 2018 06:51:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365541 Reimbursable expenses first borne by a service provider and later recovered from the principal are not includible in the taxable value for service tax under section 67 of the Finance Act, 1994, where they do not form part of the consideration for the taxable service. The Tribunal applied the principle that valuation is confined to the amount charged for the service, and held that a rule cannot expand the statutory measure by adding reimbursed expenses. On that basis, the reimbursed amounts were excluded from assessable value and the Revenue's challenge failed. Case-Laws Service Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365541