TMI BlogApplicability of service tax on free servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether Service Tax is payable on services rendered free of cost after 18/04/2006?. - Reply By Surender Gupta - The Reply = There is no provision in the Service Tax as of now to levy tax on services ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rendered free of cost. However, changes have been made to levy service tax on the value of consideration received in "kind" besides received in money. - Reply By Paramjit Singh - The Reply = Yes, now ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service even rendered free of cost is taxable. valuation rules hve been introduced to cover such type of situations - Reply By Madhukar N Hiregange - The Reply = As on date the rule on payment of ST o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nly on receipt continues. However the fact that the valuation rules are in place mean that in time thsi would also be amended. Hopefully they would not do so retrospectively. - Applicability of servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e tax on free services - Query Started By: - K Balasubramanian Dated:- 30-5-2006 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pinion 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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