Service Tax Only on Services: Exclude Material Value from Taxation in Agreements with Distinct Valuation.

Service Tax Only on Services: Exclude Material Value from Taxation in Agreements with Distinct Valuation. https://www.taxtmi.com/highlights?id=20728 The principle of law being that where an agreement quantifies the value of materials separately from the value of services rendered, the value of the materials or goods would have to be excluded since that component is not liable to service tax - HC en-us Sat, 22 Nov 2014 20:43:49 +0530 Sat, 22 Nov 2014 20:43:49 +0530 TaxTMI RSS Generator Service Tax Only on Services: Exclude Material Value from Taxation in Agreements with Distinct Valuation. https://www.taxtmi.com/highlights?id=20728 The principle of law being that where an agreement quantifies the value of materials separately from the value of services rendered, the value of the materials or goods would have to be excluded since that component is not liable to service tax - HC Highlights Service Tax Sat, 22 Nov 2014 20:43:49 +0530 https://www.taxtmi.com/highlights?id=20728