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Service Tax - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

Valuation of services - Joint venture - inclusion of "cost ...

Case Laws     Service Tax

January 11, 2024

Valuation of services - Joint venture - inclusion of "cost petroleum" and "profit petroleum" as per the Production sharing contract - inclusion of cash calls in the assessable value or not - Providing mining services to government - there is no service provider and service recipient relationship in the joint venture and the amounts in the nature of profit petroleum/cost petroleum/ cash calls are not consideration for services. - AT

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