Service tax not payable on hypothetical calculation without actual consideration

The Vardhman Developers Vs Commissioner, Central Goods and Service Tax (CESTAT Delhi)  We take notice that service tax law was revamped w.e.f. 01.07.2012 by bringing in various changes. We also take notice of the TRU/CBEC letter dt. 20.02.2010 regarding the scope of valuation of taxable amount in respect of residential complex service, which was introduced in the year, 2010. With effect from 01.07.2012, Section 66F have been added to the Finance Act, which deals with classification of service in case of bundled services. Section 66 F (1) provides that – unless otherwise specified, refer...