https://www.taxtmi.com/article/detailed?id=763 Initial deposits paid at the time of application for telephone connection are excluded from the taxable value for service tax as they constitute liabilities of the service provider, refundable or adjustable against future bills; however, any adjustment or appropriation made from such deposits to meet service charges must be included in the taxable value for the period to which the adjustment is attributable, pursuant to Section 67, its explanations, and Rule 6 of the Service Tax Rules. en-us Mon, 19 Apr 2010 00:00:00 +0530 Mon, 19 Apr 2010 05:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=763 Initial deposits paid at the time of application for telephone connection are excluded from the taxable value for service tax as they constitute liabilities of the service provider, refundable or adjustable against future bills; however, any adjustment or appropriation made from such deposits to meet service charges must be included in the taxable value for the period to which the adjustment is attributable, pursuant to Section 67, its explanations, and Rule 6 of the Service Tax Rules. Articles Service Tax Mon, 19 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=763