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Valuation of taxable service

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21 August 2007 If rendering a service is contingent upon the happening of any event and the service charges are payable even if the event does not happen, will it be covered by - "service provided or to be provided" as per section 67 of the FA'94?

In this context, whether service tax is applicable on advances received before rendering the service?

Raj (Expert)
22 August 2007 Yes service tax applicable in my opinion.



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