Valuation rule
This query is : Resolved
CA Mukta Aggarwal
(Querist)
17 August 2016
Dear All,
Kindly provide the solution of below case with referred Rule & case law :-
one person provide the service of deposit of electricity bill for example the electricity bill suppose Rs 1,00,000/- & service provider charge Rs 25,000 for deposit of electricity bill. Then taxable service is Rs 1,25,000 or Rs 25,000/-? . On which amount service tax is levied?
Kindly provide the solution of below case with referred Rule & case law :-
one person provide the service of deposit of electricity bill for example the electricity bill suppose Rs 1,00,000/- & service provider charge Rs 25,000 for deposit of electricity bill. Then taxable service is Rs 1,25,000 or Rs 25,000/-? . On which amount service tax is levied?
PAWAN KUMAR
(Expert)
18 August 2016
Only Rs.25000 will be liable for service tax as per my view. Since Rs.100000 is electricity bill amount, it will not leviable to service tax.
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