TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Service Tax Rules 2006: Costs by 'Pure Agent' Excluded from Taxable Value if Specific Conditions Met</h1> Under the Service Tax (Determination of Value) Rules, 2006, any expenditure or costs incurred by a service provider in delivering taxable services are included in the taxable value. However, costs incurred as a 'pure agent' of the service recipient can be excluded if specific conditions are met, such as acting on behalf of the recipient and not holding title to the goods or services procured. The rule clarifies that the total consideration for taxable service includes all components, regardless of how they are itemized. Several illustrations demonstrate scenarios where costs are included or excluded from the taxable value.
TaxTMI 
TaxTMI 
