taxable value under service tax

[N R CONSULTING N R CONSULTING]

A service receiver has received technical  consultancy services from abroad. What should be the taxable value for service tax - ? The bill amount or the bill amount inclusive of TDS(withholding tax).

AI Summary

Taxable value inclusion of TDS: service tax payable on gross value including withheld tax for cross-border services.
Taxable value for imported technical consultancy services is the gross amount charged by the service provider, inclusive of income tax deducted at source; the foreign currency value is the remittance amount plus the withheld tax, converted at the exchange rate notified by customs.