Category Archives: valuation of services

Valuation of taxable services under service tax

Valuation of taxable services under service tax Principles of Valuation of Taxable Service – Section 67 of the Finance Act, 1994 provides for the valuation of taxable service, and determination of value of taxable services depends on mode of consideration as exhibited in the following three options. (i) Where the provision of service is for… Read More »