https://www.taxtmi.com/caselaws?id=754163 CESTAT MUMBAI set aside the impugned order and allowed the appeal, holding that the show cause notice was not sustainable in law. The tribunal found that the department failed to properly determine the taxable value of Rs.4,54,64,051/- for service tax under Section 67 of Finance Act, 1994, without examining the appellant's books of account or providing admissible evidence. The court emphasized that determining the correct value of taxable services is essential before levying service tax under Section 73, and the revenue cannot raise demand without establishing that the entire amount received constitutes consideration for providing services. en-us Mon, 10 Jun 2024 00:00:00 +0530 Tue, 18 Jun 2024 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754163 CESTAT MUMBAI set aside the impugned order and allowed the appeal, holding that the show cause notice was not sustainable in law. The tribunal found that the department failed to properly determine the taxable value of Rs.4,54,64,051/- for service tax under Section 67 of Finance Act, 1994, without examining the appellant's books of account or providing admissible evidence. The court emphasized that determining the correct value of taxable services is essential before levying service tax under Section 73, and the revenue cannot raise demand without establishing that the entire amount received constitutes consideration for providing services. Case-Laws Service Tax Mon, 10 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754163