https://www.taxtmi.com/article/detailed?id=379 Valuation of taxable services uses a tiered framework: money consideration is the gross amount charged; mixed or non monetary consideration is valued as the monetary equivalent or gross amount charged; and unascertainable consideration is determined by the provider not below cost. Rules define consideration, money and gross amount charged; permit official verification and re determination; treat cross book entries between associated enterprises as gross amount charged; and set specific inclusions, exclusions, works contract valuation rules and composition scheme conditions. en-us Tue, 02 Jun 2009 00:00:00 +0530 Tue, 02 Jun 2009 22:19:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=379 Valuation of taxable services uses a tiered framework: money consideration is the gross amount charged; mixed or non monetary consideration is valued as the monetary equivalent or gross amount charged; and unascertainable consideration is determined by the provider not below cost. Rules define consideration, money and gross amount charged; permit official verification and re determination; treat cross book entries between associated enterprises as gross amount charged; and set specific inclusions, exclusions, works contract valuation rules and composition scheme conditions. Articles Service Tax Tue, 02 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=379