Sopore Law College
Sopore Law College
Sopore Law College
Description: In this case, the service provider pays the tax and recovers
it from the customer. Service Tax was earlier levied on a specified list of
services, but in the 2012 budget, its scope was increased. Services
provided by air-conditioned restaurants and short term accommodation
provided by hotels, inns, etc. were also included in the list of services.
Value: For the levy of the service tax, the value shall be computed
in accordance with section 67 read with Service Tax
(Determination of Value) Rules, 2006.
Free services not taxable : No service tax is leviable upon the
services provided free of cost.