https://www.taxtmi.com/forum/issue?id=118286 Dispute over the proper taxable value under service tax for a works contract registered party where the assessee treated a portion of the bill as labour component and the department contends valuation should be determined after applying the statutory abatement; the determinative question is whether direct allocation of labour or the prescribed valuation rule governs the taxable base, with advice to consult the Determination of Value rules and clarify the nature of the work. en-us Thu, 15 Dec 2022 17:00:19 +0530 Thu, 23 Jan 2025 15:54:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118286 Dispute over the proper taxable value under service tax for a works contract registered party where the assessee treated a portion of the bill as labour component and the department contends valuation should be determined after applying the statutory abatement; the determinative question is whether direct allocation of labour or the prescribed valuation rule governs the taxable base, with advice to consult the Determination of Value rules and clarify the nature of the work. Discussion-Forum Service Tax Thu, 15 Dec 2022 17:00:19 +0530 https://www.taxtmi.com/forum/issue?id=118286