https://www.taxtmi.com/caselaws?id=786141 Valuation of consulting services under the reverse charge mechanism: the Larger Bench precedent held that goods or services supplied free by a service recipient to the provider do not constitute monetary or nonmonetary consideration and therefore are excluded from the "gross amount charged" for taxable value; earlier contrary authorities were distinguished on facts. The consequence is that reimbursable expenses incurred for facilities provided to the service provider's specialists are not includable in the taxable value of the consulting engineer service, and the appeal was dismissed. en-us Fri, 06 Feb 2026 00:00:00 +0530 Sat, 07 Feb 2026 07:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786141 Valuation of consulting services under the reverse charge mechanism: the Larger Bench precedent held that goods or services supplied free by a service recipient to the provider do not constitute monetary or nonmonetary consideration and therefore are excluded from the "gross amount charged" for taxable value; earlier contrary authorities were distinguished on facts. The consequence is that reimbursable expenses incurred for facilities provided to the service provider's specialists are not includable in the taxable value of the consulting engineer service, and the appeal was dismissed. Case-Laws Service Tax Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786141