TMI BlogImport of Services - Taxable AmountX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, In case of services received from outside India recepient of such services is libale to pay Service Tax. In a situation, where as per agreement service receiver is liable to pay all taxes an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d recepient of service pays service tax, on which amount he should pay service tax? i.e. whether he should gross up the amount of service tax to calculate the liability. Apparently it seems that tax a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mount should be included to calculate Service Tax liability but can it be said that tax is payable only on amount charged by Service provider. Because as per Section 67 what is taxable is the gross am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ount charged by Service provider. - Reply By Surender Gupta - The Reply = It is very relevant and important question related to valuation of services in the hands of person who is liable to pay servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce tax in the capacity of services receiver. Such amount is not a gross amount and service tax should be calculated on the amount paid to the provider of services. It should not be grossed up. - Impor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t of Services - Taxable Amount - Query Started By: - Hemant Dated:- 21-4-2006 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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