https://www.taxtmi.com/news?id=518 The core issue is whether material costs used in providing photography services can be deducted from the gross service value. The Board clarified that Notification No. 12/2003 exempts only goods sold with documentary evidence and not goods consumed during service; a Supreme Court decision treated materials as non-deductible. Contrarily, multiple tribunal rulings have permitted deduction of goods/material value, sometimes without invoice particulars, resulting in divergent authorities and uncertainty in computing taxable service value for photography services. en-us Sun, 27 Jul 2008 02:34:04 +0530 Sun, 24 Aug 2008 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=518 The core issue is whether material costs used in providing photography services can be deducted from the gross service value. The Board clarified that Notification No. 12/2003 exempts only goods sold with documentary evidence and not goods consumed during service; a Supreme Court decision treated materials as non-deductible. Contrarily, multiple tribunal rulings have permitted deduction of goods/material value, sometimes without invoice particulars, resulting in divergent authorities and uncertainty in computing taxable service value for photography services. News - Sun, 27 Jul 2008 02:34:04 +0530 https://www.taxtmi.com/news?id=518