https://www.taxtmi.com/caselaws?id=442835 The Tribunal held that the value of free supply materials provided by the service recipient should not be included in the assessable value for service tax under Works Contract service. The decision followed the interpretation of "gross amount charged" under Section 67 of the Finance Act, 1994, and the Supreme Court ruling in CCE vs. Bhayana Builders (P) Limited. The Tribunal allowed the appeal, setting aside the order-in-original and concluding that consideration not received by the service provider should not be part of the taxable value for service tax purposes. en-us Mon, 11 Sep 2023 00:00:00 +0530 Mon, 11 Sep 2023 23:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442835 The Tribunal held that the value of free supply materials provided by the service recipient should not be included in the assessable value for service tax under Works Contract service. The decision followed the interpretation of "gross amount charged" under Section 67 of the Finance Act, 1994, and the Supreme Court ruling in CCE vs. Bhayana Builders (P) Limited. The Tribunal allowed the appeal, setting aside the order-in-original and concluding that consideration not received by the service provider should not be part of the taxable value for service tax purposes. Case-Laws Service Tax Mon, 11 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442835