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Service Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Reduction of cost of goods from the value of services - Benefit ...

Service Tax

July 17, 2018

Reduction of cost of goods from the value of services - Benefit of N/N. 12/2003 ST date 20.06.2003 - maintenance and repair service - There is no requirement to indicate value separately in each invoice - The only requirement in terms of the Notification is to provide documentary evidence proof indicating the value of said goods and materials.

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  4. Valuation - exclusion of cost of goods – Board’s circular dated 20.06.2003 – Notification No. 12/2003-ST - The exemption notification is clear and admits of no...

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  8. Exemption from service tax - Valuation of goods - text books - no maximum retail price printed - The impugned order passed denying the benefit of exemption notification...

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  10. The benefit of exemption Notification No. 12/2003-ST cannot be granted merely on the basis of overall estimation/approximations put forth and without any documentary proof - AT

 

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