https://www.taxtmi.com/caselaws?id=369882 For service tax valuation under Section 67 of the Finance Act, 1994, only consideration that actually accrues to the service provider forms part of the taxable value; free construction materials supplied by the recipient, used for the recipient's own project and not forming part of the amount charged, were held outside the taxable value, so the valuation demand failed. On limitation, the extended period required proof of suppression or wilful misstatement with intent to evade tax, and in the absence of such proof the longer period could not be invoked, so the demand was time-barred. The impugned demand and confirming order were set aside. en-us Mon, 08 Oct 2018 00:00:00 +0530 Sun, 04 Nov 2018 21:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369882 For service tax valuation under Section 67 of the Finance Act, 1994, only consideration that actually accrues to the service provider forms part of the taxable value; free construction materials supplied by the recipient, used for the recipient's own project and not forming part of the amount charged, were held outside the taxable value, so the valuation demand failed. On limitation, the extended period required proof of suppression or wilful misstatement with intent to evade tax, and in the absence of such proof the longer period could not be invoked, so the demand was time-barred. The impugned demand and confirming order were set aside. Case-Laws Service Tax Mon, 08 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369882