https://www.taxtmi.com/caselaws?id=786817 Where reimbursements and free accommodation provided by a service recipient lack a direct nexus to the service consideration, they do not constitute non-monetary consideration includable in assessable value under Section 67(1)(ii) of the Finance Act, 1994; on that basis the impugned service-tax demand for October 2011-June 2012 was set aside. The Tribunal relied on prior favourable adjudications for related periods and held that attendant penalties founded on a demand quashed on merits cannot be sustained, allowing the appeal for the assessee. en-us Fri, 19 Sep 2025 00:00:00 +0530 Fri, 20 Feb 2026 08:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786817 Where reimbursements and free accommodation provided by a service recipient lack a direct nexus to the service consideration, they do not constitute non-monetary consideration includable in assessable value under Section 67(1)(ii) of the Finance Act, 1994; on that basis the impugned service-tax demand for October 2011-June 2012 was set aside. The Tribunal relied on prior favourable adjudications for related periods and held that attendant penalties founded on a demand quashed on merits cannot be sustained, allowing the appeal for the assessee. Case-Laws Service Tax Fri, 19 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786817