https://www.taxtmi.com/forum/issue?id=111028 Providers whose receipts exceed the small service threshold must register and remit service tax on amounts above the exemption. Whether tax is charged separately or treated as inclusive depends on the parties' agreement; if inclusive, the taxable value is determined by back calculation so that tax plus value equals the gross amount. Collecting tax separately preserves revenue, while inclusive treatment reduces net receipts and requires the provider to bear and remit the tax if customers will not pay. en-us Sun, 16 Oct 2016 17:20:19 +0530 Thu, 23 Jan 2025 15:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111028 Providers whose receipts exceed the small service threshold must register and remit service tax on amounts above the exemption. Whether tax is charged separately or treated as inclusive depends on the parties' agreement; if inclusive, the taxable value is determined by back calculation so that tax plus value equals the gross amount. Collecting tax separately preserves revenue, while inclusive treatment reduces net receipts and requires the provider to bear and remit the tax if customers will not pay. Discussion-Forum Service Tax Sun, 16 Oct 2016 17:20:19 +0530 https://www.taxtmi.com/forum/issue?id=111028