https://www.taxtmi.com/acts?id=19677 Section 67's Explanation is amended to substitute clause (a), defining consideration to include: (i) amounts payable for taxable services; (ii) reimbursable expenditure or costs charged by the service provider in providing or agreeing to provide a taxable service, subject to prescribed circumstances and conditions; and (iii) amounts retained by lottery distributors or selling agents from gross lottery ticket sales in addition to any fee, commission or discount, i.e., the difference between a ticket's face value and the price at which the distributor or selling agent acquires it. en-us Thu, 07 May 2015 15:17:54 +0530 Thu, 07 May 2015 15:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19677 Section 67's Explanation is amended to substitute clause (a), defining consideration to include: (i) amounts payable for taxable services; (ii) reimbursable expenditure or costs charged by the service provider in providing or agreeing to provide a taxable service, subject to prescribed circumstances and conditions; and (iii) amounts retained by lottery distributors or selling agents from gross lottery ticket sales in addition to any fee, commission or discount, i.e., the difference between a ticket's face value and the price at which the distributor or selling agent acquires it. Act-Rules F. Acts / Amendment Acts Thu, 07 May 2015 15:17:54 +0530 https://www.taxtmi.com/acts?id=19677