https://www.taxtmi.com/article/detailed?id=323 Valuation of photography services depends on whether a deemed sale of materials occurs; where such deemed sale exists the sale element must be separated and the value of materials excluded from the taxable service value. The issue turns on characterising the transaction as pure service or composite contract, evidentiary proof of material costs, and precedent permitting bifurcation of sale and service components. en-us Sat, 28 Mar 2009 00:00:00 +0530 Sat, 28 Mar 2009 10:32:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=323 Valuation of photography services depends on whether a deemed sale of materials occurs; where such deemed sale exists the sale element must be separated and the value of materials excluded from the taxable service value. The issue turns on characterising the transaction as pure service or composite contract, evidentiary proof of material costs, and precedent permitting bifurcation of sale and service components. Articles Service Tax Sat, 28 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=323