Wednesday, February 15, 2017

Amended definition of consideration under service-tax has prospective effect

The Cestat, New Delhi Bench held that Reimbursable expenses collected by services provider from service recipient could not be held to be a part of value of services being provided by services provider and same could not be subjected to service tax.
Fortune Park Hotels Ltd. v. Commissioner of Service Tax Delhi* [2017] 77 taxmann.com 183

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