https://www.taxtmi.com/forum/issue?id=111943 The querist paid a carrier under the reverse charge mechanism and retained profit on freight charged to customers; commentators dispute whether tax applies only to the amount paid to the carrier or to the entire freight collected, noting that central excise precedents exclude profit for excise valuation but service tax valuation may treat the full freight or additional consideration as part of the taxable value and expose the service recipient to liability and recovery action. en-us Sat, 20 May 2017 18:23:15 +0530 Thu, 23 Jan 2025 15:55:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111943 The querist paid a carrier under the reverse charge mechanism and retained profit on freight charged to customers; commentators dispute whether tax applies only to the amount paid to the carrier or to the entire freight collected, noting that central excise precedents exclude profit for excise valuation but service tax valuation may treat the full freight or additional consideration as part of the taxable value and expose the service recipient to liability and recovery action. Discussion-Forum Service Tax Sat, 20 May 2017 18:23:15 +0530 https://www.taxtmi.com/forum/issue?id=111943