Valuation of Taxable Services of Charging Service Tax

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.... tax charged, is  equivalent to the consideration;       (iii) in a case where the provision of service is for a consideration which is not ascertainable, be the amount as may be determined in the prescribed manner. (2) Where the gross amount charged by a service provider, for the service provided or to be provided is inclusive of service tax payable, the value of such taxable service shall be such amount as, with the addition of tax payable, is equal to the gross amount charged. (3) The gross amount charged for the taxable service shall include any amount received towards the taxable service before, during or after provision of such service. (4) Subject to the provisions of sub-sections (1), (2) an....

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....ooks of account of a person liable to pay service tax, where the transaction of taxable service is with any associated enterprise.]   ******************************* Notes : 1. Substituted by the Finance Act, 2006,w.e.f. 18-4-2006. Prior to its substitution, section 67 as amended by the Finance (No. 2) Act, 1996, Finance Act, 1997, Finance (No. 2) Act, 1998, w.e.f. 16-10-1998, Finance Act, 2001, w.e.f. 16-7-2001, Finance Act, 2002, w.e.f. 16-8-2002, Finance Act, 2003, w.e.f. 14-5-2003, Finance (No. 2) Act, 2004, w.e.f. 10-9-2004 and Finance Act, 2005, w.e.f. 13-5-2005, read as under : "67. Valuation of taxable services for charging service tax.-For the purposes of this Chapter, the value of any taxable service shall....

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....ased circuit; (ii) the cost of unexposed photography film, unrecorded magnetic tape or such other storage devices, if any, sold to the client during the course of providing the service; (iii) the cost of parts or accessories, or consumable such as lubricants and coolants, if any, sold to the customer during the course of service or repair of motor cars, light motor vehicle or two wheeled motor vehicles; (iv) the airfare collected by air travel agent in respect of service provided by him; (v) the rail fare collected by rail travel agent in respect of service provided by him; (vi) the cost of parts or other material, if any, sold to the customer during the course of providing maintenance or repair service; (vi....