https://www.taxtmi.com/forum/issue?id=117191 The core question is whether free of cost materials provided by the contractee must be included in the taxable value of a works contract by treating them as reimbursable expenditure or part of consideration. The department may argue such materials equate to reimbursable costs and are includible, whereas contrary authorities and an analysis of the valuation rules support excluding non consideration FOC material from service tax valuation; affected taxpayers should contest notices relying on those precedents. en-us Wed, 28 Apr 2021 11:54:01 +0530 Thu, 23 Jan 2025 15:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117191 The core question is whether free of cost materials provided by the contractee must be included in the taxable value of a works contract by treating them as reimbursable expenditure or part of consideration. The department may argue such materials equate to reimbursable costs and are includible, whereas contrary authorities and an analysis of the valuation rules support excluding non consideration FOC material from service tax valuation; affected taxpayers should contest notices relying on those precedents. Discussion-Forum Service Tax Wed, 28 Apr 2021 11:54:01 +0530 https://www.taxtmi.com/forum/issue?id=117191