https://www.taxtmi.com/manuals?id=2513 Taxable value of notified services is deemed nil where input tax credit is available. For works contract services involving transfer of land, the service and goods portion equals total amount charged less value of land, with the land value deemed to be one third of the total amount. "Total amount" means consideration for the service plus amount charged for transfer of land. Where supply value is inclusive of tax, the tax component is determined by (value inclusive of taxes x GST rate) divided by (100 + GST rate). en-us Mon, 20 Mar 2023 15:50:00 +0530 Fri, 13 Oct 2023 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2513 Taxable value of notified services is deemed nil where input tax credit is available. For works contract services involving transfer of land, the service and goods portion equals total amount charged less value of land, with the land value deemed to be one third of the total amount. "Total amount" means consideration for the service plus amount charged for transfer of land. Where supply value is inclusive of tax, the tax component is determined by (value inclusive of taxes x GST rate) divided by (100 + GST rate). Manuals GST Mon, 20 Mar 2023 15:50:00 +0530 https://www.taxtmi.com/manuals?id=2513