https://www.taxtmi.com/forum/issue?id=106317 For AC annual maintenance contracts invoiced inclusive of materials and labour, service tax valuation follows the Service Tax (Determination of Value) Rules, 2006, Rule 2A(ii)(B), which applies the statutory abatement to determine the taxable portion of the gross amount; VAT charged under the State Act is independent and is not deductible from the service tax taxable value when the invoice is exclusive of service tax and VAT. en-us Mon, 16 Dec 2013 21:44:17 +0530 Thu, 23 Jan 2025 15:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106317 For AC annual maintenance contracts invoiced inclusive of materials and labour, service tax valuation follows the Service Tax (Determination of Value) Rules, 2006, Rule 2A(ii)(B), which applies the statutory abatement to determine the taxable portion of the gross amount; VAT charged under the State Act is independent and is not deductible from the service tax taxable value when the invoice is exclusive of service tax and VAT. Discussion-Forum Service Tax Mon, 16 Dec 2013 21:44:17 +0530 https://www.taxtmi.com/forum/issue?id=106317