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Service Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Valuation - inclusion of ‘written off dues’ in assessable value ...

Case Laws     Service Tax

January 23, 2019

Valuation - inclusion of ‘written off dues’ in assessable value - Debit notes imply the intent to withhold the value therein from the monetary consideration and the issue of materials in lieu for subsuming in an asset that will vest with the issuer cannot, by any stretch, be deemed to be consideration

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