https://www.taxtmi.com/caselaws?id=440553 In a service-tax valuation dispute relating to deposit insurance services, the record indicated that the premium was fixed under the governing statutory framework and there was no reliable evidence that any amount over and above that premium had been separately recovered from recipient banks. On that basis, the receipt was treated as inclusive of service tax, and valuation had to be computed on a cum-tax basis. The contention that refund was unavailable because the tax had been separately borne was rejected for lack of factual support, and the refund claim was held not sustainable. en-us Fri, 14 Jul 2023 00:00:00 +0530 Thu, 20 Jul 2023 21:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440553 In a service-tax valuation dispute relating to deposit insurance services, the record indicated that the premium was fixed under the governing statutory framework and there was no reliable evidence that any amount over and above that premium had been separately recovered from recipient banks. On that basis, the receipt was treated as inclusive of service tax, and valuation had to be computed on a cum-tax basis. The contention that refund was unavailable because the tax had been separately borne was rejected for lack of factual support, and the refund claim was held not sustainable. Case-Laws Service Tax Fri, 14 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440553