https://www.taxtmi.com/caselaws?id=373211 A pre-notified scholarship or fee concession under a bona fide business promotion scheme was not treated as non-monetary consideration for service tax valuation. The amount actually received from students was regarded as the gross amount charged, and there was no basis to add the waived portion back to the taxable value under the valuation rules. Service tax was therefore payable only on the amount actually charged and received. en-us Mon, 17 Dec 2018 00:00:00 +0530 Tue, 08 Jan 2019 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373211 A pre-notified scholarship or fee concession under a bona fide business promotion scheme was not treated as non-monetary consideration for service tax valuation. The amount actually received from students was regarded as the gross amount charged, and there was no basis to add the waived portion back to the taxable value under the valuation rules. Service tax was therefore payable only on the amount actually charged and received. Case-Laws Service Tax Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373211