Specified Value - Money changing services

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..... Money changing services Rule 2B of the Service Tax (Determination of Value) Rules, 2006 Value to be determined in the following manner: 1. When RBI Reference Rate is available: .....

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..... : Taxable Value (TV) = 1% of of the lesser of the two amounts the person changing the money would have received by converting any of the two currencies into Indian Rupee on that day at the referen .....

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