https://www.taxtmi.com/acts?id=21710 Rule 8 provides two valuation rules: a pure agent exclusion where costs incurred by a service provider acting as pure agent are excluded from taxable service value if eight conditions and the four part definition of pure agent are satisfied; and a money changer valuation rule where value for currency exchange involving Indian Rupees is the difference between transaction rate and RBI reference rate multiplied by units exchanged, with specified fallback percentage measures when RBI rates are unavailable or neither currency is rupee. en-us Wed, 15 Jun 2016 16:17:39 +0530 Wed, 15 Jun 2016 16:17:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21710 Rule 8 provides two valuation rules: a pure agent exclusion where costs incurred by a service provider acting as pure agent are excluded from taxable service value if eight conditions and the four part definition of pure agent are satisfied; and a money changer valuation rule where value for currency exchange involving Indian Rupees is the difference between transaction rate and RBI reference rate multiplied by units exchanged, with specified fallback percentage measures when RBI rates are unavailable or neither currency is rupee. Act-Rules Bills Wed, 15 Jun 2016 16:17:39 +0530 https://www.taxtmi.com/acts?id=21710