Draft Valuation Rules

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..... amount charged by the service provider for such service provided or to be provided. The existing provision covers only situations where the consideration for the taxable service is received in money terms. There is no specific provision to determine taxable value where the consideration is wholly or partly not in money terms or where the consideration is in money terms but is not known explicitly .....

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..... R. Sriram Deputy Secretary (TRU) Ministry of Finance, Department of Revenue 146 F, North Block New Delhi Email : tru.finmin@ gmail.com F.No.334/6/2006-TRU Note: - To see the draft rules please click the link Rules, than click Service Tax - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagement .....

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