https://www.taxtmi.com/caselaws?id=438981 Service tax was not payable on reimbursements for overseas and inland training of insurance agents because the training was statutorily mandated, intended to meet regulatory qualification requirements, and did not constitute consideration for insurance auxiliary services. The 4% debit adjustment from commission payable to agents was also excluded from taxable value because it operated as a contractual discount, not additional consideration for the taxable service. The valuation under section 67 applied only to the gross amount charged for the service actually rendered, and reverse-charge treatment did not alter the tax base. The service tax demands on both items were therefore unsustainable. en-us Tue, 30 May 2023 00:00:00 +0530 Wed, 14 Jun 2023 09:28:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438981 Service tax was not payable on reimbursements for overseas and inland training of insurance agents because the training was statutorily mandated, intended to meet regulatory qualification requirements, and did not constitute consideration for insurance auxiliary services. The 4% debit adjustment from commission payable to agents was also excluded from taxable value because it operated as a contractual discount, not additional consideration for the taxable service. The valuation under section 67 applied only to the gross amount charged for the service actually rendered, and reverse-charge treatment did not alter the tax base. The service tax demands on both items were therefore unsustainable. Case-Laws Service Tax Tue, 30 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438981