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Specified Value - Money changing services

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Full Text of the Document

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....y changing services Rule 2B of the Service Tax (Determination of Value) Rules, 2006 Value to be determined in the following manner: 1. When RBI Reference Rate is available: Buying/ selling rate ....

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Full Text of the Document

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....he two amounts the person changing the money would have received by converting any of the two currencies into Indian Rupee on that day at the reference rate provided by RBI. Thus, Tax @ 14% on Taxab....

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