https://www.taxtmi.com/forum/issue?id=4092 Sales of tangible materials are subject to Value Added Tax or Central Sales Tax, while outsourced processes, fabrication, installation and labour are potentially subject to Service Tax. When goods and services are billed together, taxable values can be determined by methods such as the abatement method or other statutory valuation options; suppliers may apply abatement-based rates but parties should select a method consistent with statutory provisions and obtain professional advice before adopting a percentage split on invoices. en-us Thu, 26 Apr 2012 16:48:11 +0530 Thu, 23 Jan 2025 15:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4092 Sales of tangible materials are subject to Value Added Tax or Central Sales Tax, while outsourced processes, fabrication, installation and labour are potentially subject to Service Tax. When goods and services are billed together, taxable values can be determined by methods such as the abatement method or other statutory valuation options; suppliers may apply abatement-based rates but parties should select a method consistent with statutory provisions and obtain professional advice before adopting a percentage split on invoices. Discussion-Forum VAT / Sales Tax Thu, 26 Apr 2012 16:48:11 +0530 https://www.taxtmi.com/forum/issue?id=4092