https://www.taxtmi.com/caselaws?id=754303 CESTAT Ahmedabad ruled in favor of the appellant against the Airport Authority regarding inclusion of non-monetary facilities in assessable value under Section 67 of Finance Act, 1994. The tribunal held that non-monetary benefits including accommodation, medical expenses, vehicle charges, and miscellaneous expenses provided to the security force are not taxable for service tax purposes. Following previous precedent, the original order was set aside. Since service tax demand was unsustainable, penalties under Sections 76, 77, and 78 were also deemed inapplicable. Appellant's appeal was allowed; Revenue's appeal dismissed. en-us Tue, 18 Jun 2024 00:00:00 +0530 Thu, 20 Jun 2024 10:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754303 CESTAT Ahmedabad ruled in favor of the appellant against the Airport Authority regarding inclusion of non-monetary facilities in assessable value under Section 67 of Finance Act, 1994. The tribunal held that non-monetary benefits including accommodation, medical expenses, vehicle charges, and miscellaneous expenses provided to the security force are not taxable for service tax purposes. Following previous precedent, the original order was set aside. Since service tax demand was unsustainable, penalties under Sections 76, 77, and 78 were also deemed inapplicable. Appellant's appeal was allowed; Revenue's appeal dismissed. Case-Laws Service Tax Tue, 18 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754303