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    <title>Court Approves Valuation Method for Tyre Re-trading Activities Under Notification No. 12/2003; Tax Only on Labor Charges Allowed.</title>
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    <description>Valuation - tyre re-trading activity - They were found to have imposed a stamp on the invoice indicating the split up of the overall invoice value into the material and spares cost as well as labour charge and have discharged the service tax liability only to the extent of labour charges. - Benefit of N.No. 12/2003 allowed.</description>
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      <description>Valuation - tyre re-trading activity - They were found to have imposed a stamp on the invoice indicating the split up of the overall invoice value into the material and spares cost as well as labour charge and have discharged the service tax liability only to the extent of labour charges. - Benefit of N.No. 12/2003 allowed.</description>
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