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value of electricity free supplied by service receipient, Service Tax |
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value of electricity free supplied by service receipient |
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value of electricity free supplied by service receipient should be add or not while determing the value of works contract service under clause (i) of rule 2A of valuation rule as ammended by 24/2012.
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It may be determined in accordance with the generally accepted accounting principles.
Dear Sir, My question is for valuation of works contract service under clause (i) of rule 2A of valuation rule as ammended by 24/2012. Basically I want to know that whether value of materials (Vatable & non vatable both),Consumables etc supplied by service receipient should be add or not while determinating the value of works contract service under clause (i) of rule 2A of valuation rule as ammended by 24/2012.
yes, such supplies will be includible.
Sir, Kindly explain in how & where it is includable.
Please check para 10.1.6 of the Taxation of Services:- An Educational Guide. Page: 1 Old Query - New Comments are closed. |
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