https://www.taxtmi.com/caselaws?id=472425 VAT-paid hiring of modems and set-top boxes is treated as a deemed sale rather than a taxable service, excluding the related rental charges from service tax. Tax deducted at source by subscribers remains part of the gross consideration because it is deducted and remitted on the service provider's behalf; taxable value therefore includes that amount. CENVAT credit for service tax on bank charges is available where online banking records substantiate the charges and tax debit and permit departmental verification, despite the absence of a formal invoice. Bad debts written off do not represent actual receipts under receipt-based valuation; related valuation and service-category adjustment issues require fresh adjudication. en-us Thu, 17 Oct 2024 00:00:00 +0530 Tue, 13 Oct 2026 04:47:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472425 VAT-paid hiring of modems and set-top boxes is treated as a deemed sale rather than a taxable service, excluding the related rental charges from service tax. Tax deducted at source by subscribers remains part of the gross consideration because it is deducted and remitted on the service provider's behalf; taxable value therefore includes that amount. CENVAT credit for service tax on bank charges is available where online banking records substantiate the charges and tax debit and permit departmental verification, despite the absence of a formal invoice. Bad debts written off do not represent actual receipts under receipt-based valuation; related valuation and service-category adjustment issues require fresh adjudication. Case-Laws Service Tax Thu, 17 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472425