TDS Exclusion in Service Tax Valuation: Only Agreed Service Payment Counts, Exclude Withholding Tax from Assessable Value.

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....Valuation - import of services - amount of withhold tax paid by the Appellant, over and above the consideration paid to the foreign service providers, to be included in the assessable value or not - when the TDS amount has been borne by the assessee and only the consideration for the services as agreed upon by the parties has been paid to the service provider, the same cannot be included in the taxable value for determining the Service Tax liability. - AT....