Bombay High Court Allows Appeal Against CESTAT Pre-deposit Order in Service Tax Valuation Dispute — Free Electricity Not Consideration. The court held that electricity supplied free of cost by customers to the service provider is not consideration for taxable service under Section 67 of Finance Act, 1994, and thus not includible in value.
9 Jul 2012The appellant, M/s Inox Air Products Limited, is engaged in setting up air separation plants at customers' premises, which are leased to customers and...




