About this document
Supreme Court Ruling on Service Tax Valuation by Kumarv is a document available to read on EtoBox.
The Supreme Court of India ruled in Union Of India vs M/S Intercontinental that service tax did not include reimbursable expenses prior to an amendment in May 2015. The amendment clarified that reimbursable costs would be included in the valuation of taxable services subject to service tax. As the amendment changed accrued rights, the court found it must be applied prospectively rather than retrospectively unless legislative intent specified otherwise. Prior legislation is generally applied prospectively un
- Author
- Kumarv
- Language
- EN