Service Tax Valuation Ruling: Invoices Must Substantiate Goods' Value to Exclude Costs Under Notification 12/2003. Evidence Required.

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....Valuation - Exclsuion of cost of goods sold - Notification 12/2003 - invoices unilaterally raised by the appellants indicating the break-up without substantiating the amount attributable to the value of the goods supplied cannot be considered as documentary proof for the purposes of the said notification - AT....