What is the basis of calculating the value of taxable service;?
Normally, the ;value of taxable service; means, the gross amount received by the service provider for the taxable service provided or to be provided by him. Further for certain services, a specified percentage of abatement is allowed from the gross amount collected for rendering the services, subject to certain conditions.
Related Questions
- For calculating rupee nine lakhs value of taxable service for registration of small service providers, whether all taxable services provided by assessee will be considered?
- Whether the Service Tax should be charged or not, if the value of taxable service is up to Rs 10 Lakh?
- What is the basis of calculating the value of taxable service;?
