https://www.taxtmi.com/caselaws?id=765872 CESTAT Chennai-AT allowed the appeal regarding service tax valuation on reimbursable expenses. The tribunal held that Rule 5(1) of Service Tax Valuation Rules, 2006, requiring inclusion of reimbursable expenses in taxable value, was ultra vires Sections 66 and 67 of Finance Act, 1994. Following SC precedent in Union of India v. Intercontinental Consultants case, which affirmed Delhi HC's decision striking down Rule 5(1) as beyond statutory scope, the tribunal set aside both original and appellate orders, ruling that service providers need not include reimbursable expenses in taxable service value. en-us Mon, 10 Feb 2025 00:00:00 +0530 Wed, 12 Feb 2025 08:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765872 CESTAT Chennai-AT allowed the appeal regarding service tax valuation on reimbursable expenses. The tribunal held that Rule 5(1) of Service Tax Valuation Rules, 2006, requiring inclusion of reimbursable expenses in taxable value, was ultra vires Sections 66 and 67 of Finance Act, 1994. Following SC precedent in Union of India v. Intercontinental Consultants case, which affirmed Delhi HC's decision striking down Rule 5(1) as beyond statutory scope, the tribunal set aside both original and appellate orders, ruling that service providers need not include reimbursable expenses in taxable service value. Case-Laws Service Tax Mon, 10 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765872