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Assessable value for service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 February 2014 We have got one order on which we have given discount of 15% on quoted value of Rs 15 lac which is Rs. 2.25 lac. This discount details are mentioned on final order. Order value is Rs. 12.75 lac.

In such case, which will be the assessable value Rs. 15 lac or Rs. 12.75 lac.
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CA Parul Saxena

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CA Parul Saxena (Expert)
14 February 2014 12.75 is the assessable value

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