Service tax

This query is : Resolved

Share Report Follow Query Ask a Query

richi

richi (Querist)
Follow

04 February 2016 reason for not charging of service tax on octroi

Suresh Ramaswamy

Suresh Ramaswamy (Expert)
Follow

05 February 2016 Unlike VAT which is chargeable on the full value of Invoice, Service Tax is leviable on the value of service rendered. The Valuation of Services Rules, specifically excludes any tax, duty or cess levied by Government and local bodies from valuation. Till 1st April 2015, reimbursement of expenses was also included, but no longer. Only expenses paid to pure agents is not subject to service tax. Since Octroi is a levy by a local body, it is not part of service rendered nor is it subject to levy of service tax.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Chaitanya Voolla

MEHUL M. KEVAT

K.S. ANANTHARAJAN

v.rama krishna

DEEPAK BHARGAVA

Subscribe Now

Service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Article Assistant

Manager- Finance and Compliance

GST CONSULTANT

Accountant

CA Final