https://www.taxtmi.com/forum/issue?id=110528 For GTA services, compute taxable value by excluding fully exempt supplies, deducting the threshold exemption from the remaining taxable-service value, and then applying the notified abatement percentage to that post-threshold balance; the residual after abatement is the taxable value. The threshold exemption is disallowed for the current year if the threshold was exceeded in the preceding year. The aggregate value principle governs treatment of taxable and not-taxable value under the relevant notification. en-us Thu, 16 Jun 2016 09:06:40 +0530 Thu, 23 Jan 2025 15:56:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110528 For GTA services, compute taxable value by excluding fully exempt supplies, deducting the threshold exemption from the remaining taxable-service value, and then applying the notified abatement percentage to that post-threshold balance; the residual after abatement is the taxable value. The threshold exemption is disallowed for the current year if the threshold was exceeded in the preceding year. The aggregate value principle governs treatment of taxable and not-taxable value under the relevant notification. Discussion-Forum Service Tax Thu, 16 Jun 2016 09:06:40 +0530 https://www.taxtmi.com/forum/issue?id=110528