https://www.taxtmi.com/forum/issue?id=108860 Valuation of services in works contracts is governed by the Service Tax Valuation Rules as amended by the cited notification, which prescribes fixed allocations of the service component depending on whether the contract is original construction or repair and maintenance; taxpayers should apply the amended valuation rule to allocate consideration between taxable service and non-service elements. en-us Tue, 07 Jul 2015 16:43:48 +0530 Thu, 23 Jan 2025 15:56:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108860 Valuation of services in works contracts is governed by the Service Tax Valuation Rules as amended by the cited notification, which prescribes fixed allocations of the service component depending on whether the contract is original construction or repair and maintenance; taxpayers should apply the amended valuation rule to allocate consideration between taxable service and non-service elements. Discussion-Forum Service Tax Tue, 07 Jul 2015 16:43:48 +0530 https://www.taxtmi.com/forum/issue?id=108860