Composition Schemes in Service Tax - Service Tax Practice Manual / Ready Reckoner - Service Tax

Composition Schemes in Service Tax There are various composition schemes under service tax, which are enumerated as under: Sr. No. Taxable service Special valuation Rule Composition Scheme 1 Works contract Rule 2A of valuation Rules Scheme, 2007 up to 30-6-2012 2 Air Travel Agent - Rule 6(7) of STR, 1994 3 Life Insurance Business - Rule 6(7A) of STR, 1994 4 Money Changing Rule 2B of valuation Rules Rule 6(7B) of STR, 1994 5 Lottery business - Rule 6(7C) of STR, 1994 6. Restaurant / Outdoor Catering Rule 2C of valuation Rules