https://www.taxtmi.com/caselaws?id=384022 For service tax valuation under Section 67 of the Finance Act, 1994, contributions towards EPF, ESI and PF, and amounts paid towards wages and salaries, were treated as outside the gross value because they were not consideration for the taxable service but statutory or wage-related outgoings. The demand therefore required fresh quantification after excluding those components. Penalty waiver under Section 80 was denied because the assessee had collected service tax but not deposited it, and interest and penalty were left to follow the re-determined liability. en-us Fri, 02 Aug 2019 00:00:00 +0530 Wed, 17 Feb 2021 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384022 For service tax valuation under Section 67 of the Finance Act, 1994, contributions towards EPF, ESI and PF, and amounts paid towards wages and salaries, were treated as outside the gross value because they were not consideration for the taxable service but statutory or wage-related outgoings. The demand therefore required fresh quantification after excluding those components. Penalty waiver under Section 80 was denied because the assessee had collected service tax but not deposited it, and interest and penalty were left to follow the re-determined liability. Case-Laws Service Tax Fri, 02 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384022