High Court Rules in Favor of Assessee: Reimbursable Costs Included in Taxable Services Valuation u/s 67.

High Court Rules in Favor of Assessee: Reimbursable Costs Included in Taxable Services Valuation u/s 67. https://www.taxtmi.com/highlights?id=57740 Revenue neutrality - issue is revenue neutral without involving of any out flow of net tax to the Government - only with effect from May 14, 2015, by virtue of provisions of Section 67 itself, such reimbursable expenditure or cost would also form part of valuation of taxable services for charging service tax. - substantial question of law is answered in favour of the assessee - HC en-us Tue, 27 Apr 2021 20:44:43 +0530 Tue, 27 Apr 2021 20:44:43 +0530 TaxTMI RSS Generator High Court Rules in Favor of Assessee: Reimbursable Costs Included in Taxable Services Valuation u/s 67. https://www.taxtmi.com/highlights?id=57740 Revenue neutrality - issue is revenue neutral without involving of any out flow of net tax to the Government - only with effect from May 14, 2015, by virtue of provisions of Section 67 itself, such reimbursable expenditure or cost would also form part of valuation of taxable services for charging service tax. - substantial question of law is answered in favour of the assessee - HC Highlights Service Tax Tue, 27 Apr 2021 20:44:43 +0530 https://www.taxtmi.com/highlights?id=57740