https://www.taxtmi.com/caselaws?id=796648 Comprehensive showroom fit-out contracts converting bare newly constructed commercial shells into functional premises, including flooring, ceilings, partitions, HVAC, fire-suppression and plumbing, are described as original works under the works-contract valuation rules. The notes state that valuation at 40% of the contract value after 60% abatement applies to such works. They further distinguish forfeited customer advances for abandoned goods purchases and fire-loss reimbursements from consideration for services, treating both as non-taxable receipts. On that analysis, the related service-tax demand and associated penalties lack a taxable basis. en-us Thu, 06 Aug 2026 00:00:00 +0530 Sat, 08 Aug 2026 08:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796648 Comprehensive showroom fit-out contracts converting bare newly constructed commercial shells into functional premises, including flooring, ceilings, partitions, HVAC, fire-suppression and plumbing, are described as original works under the works-contract valuation rules. The notes state that valuation at 40% of the contract value after 60% abatement applies to such works. They further distinguish forfeited customer advances for abandoned goods purchases and fire-loss reimbursements from consideration for services, treating both as non-taxable receipts. On that analysis, the related service-tax demand and associated penalties lack a taxable basis. Case-Laws Service Tax Thu, 06 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796648