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Valuation under service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 November 2012 how to compute the taxable service for charging service tax in case of chit fund business. Does enrolment fee, late fee etc charged from customers are also liable to service tax along with the foreman commission received from them
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@VaibhavJ

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@VaibhavJ (Expert)
01 November 2012 hey hi,

refer link
http://www.taxesinindia.com/blog/2009/02/26/service-tax-levy-on-chit-funds/


Rgds//Vaibhav
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