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Service Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Valuation - includibility - whether amounts refunded by the ...


Refunds by Forward Contract Provider to Sub-Brokers Excluded from Gross Value if Done Before Tax Return Due Date.

September 25, 2018

Case Laws     Service Tax     AT

Valuation - includibility - whether amounts refunded by the petitioner, a registered “Forward Contract” service provides to its sub-brokers, before the due date of filing of returns, could be excluded from the gross value of consideration received for the taxable services provided? - Held Yes.

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