https://www.taxtmi.com/forum/issue?id=105796 Explanation-II allows a service recipient in works contract services, where both parties are liable under reverse charge, to choose its own valuation method independently of the service provider's method; this legal independence can produce differing values between parties and thereby provoke disputes during service tax audits, so practical advice is to follow the provider's method unless there is a strong reason to the contrary. en-us Fri, 14 Jun 2013 21:55:35 +0530 Thu, 23 Jan 2025 15:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105796 Explanation-II allows a service recipient in works contract services, where both parties are liable under reverse charge, to choose its own valuation method independently of the service provider's method; this legal independence can produce differing values between parties and thereby provoke disputes during service tax audits, so practical advice is to follow the provider's method unless there is a strong reason to the contrary. Discussion-Forum Service Tax Fri, 14 Jun 2013 21:55:35 +0530 https://www.taxtmi.com/forum/issue?id=105796