https://www.taxtmi.com/caselaws?id=373747 Scholarship-based fee concessions under a pre-declared coaching scheme were not treated as non-monetary consideration for service tax valuation. The taxable value under Section 67 of the Finance Act, 1994 was held to be the gross amount actually charged, and tax had already been paid on the fees received from students. The concessional portion granted under the publicly notified scholarship scheme could not be added to the taxable value under the valuation rules. The same reasoning had been applied in the appellant's earlier period, and the demand based on inclusion of the concession was held unsustainable. en-us Mon, 17 Dec 2018 00:00:00 +0530 Sat, 19 Jan 2019 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373747 Scholarship-based fee concessions under a pre-declared coaching scheme were not treated as non-monetary consideration for service tax valuation. The taxable value under Section 67 of the Finance Act, 1994 was held to be the gross amount actually charged, and tax had already been paid on the fees received from students. The concessional portion granted under the publicly notified scholarship scheme could not be added to the taxable value under the valuation rules. The same reasoning had been applied in the appellant's earlier period, and the demand based on inclusion of the concession was held unsustainable. Case-Laws Service Tax Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373747