Service Tax Applies to Contracts with Both Services and Goods, Even Without Specific Computation Rules for Material Costs.

Service Tax Applies to Contracts with Both Services and Goods, Even Without Specific Computation Rules for Material Costs. https://www.taxtmi.com/highlights?id=19040 Valuation - inclusion of cost of material - Merely because no rules are framed for computation, it does not follow that no tax is leviable - Service component of any contract involving service with sale of goods could be levied service tax - AT en-us Wed, 25 Jun 2014 19:58:27 +0530 Wed, 25 Jun 2014 19:58:27 +0530 TaxTMI RSS Generator Service Tax Applies to Contracts with Both Services and Goods, Even Without Specific Computation Rules for Material Costs. https://www.taxtmi.com/highlights?id=19040 Valuation - inclusion of cost of material - Merely because no rules are framed for computation, it does not follow that no tax is leviable - Service component of any contract involving service with sale of goods could be levied service tax - AT Highlights Service Tax Wed, 25 Jun 2014 19:58:27 +0530 https://www.taxtmi.com/highlights?id=19040