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of <h1>Rule 2C Sets Service Tax Valuation: 40% for Restaurants, 60% for Catering; No CENVAT Credit on Certain Goods</h1> The Service Tax (Determination of Value) Rules, 2006, specifically Rule 2C, establishes the method for determining the value of the service portion in the supply of food, drinks, or other consumables at restaurants or through outdoor catering. The service portion is valued at 40% of the total amount charged for restaurant services and 60% for outdoor catering. The 'total amount' includes the gross amount charged plus the fair market value of all related goods and services, excluding any value-added or sales tax. Providers cannot claim CENVAT credit for duties on goods classified under certain chapters of the Central Excise Tariff Act.
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