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Taxable Value
Taxable Value
Taxable value Manufactured goods - the sale value of Taxable service for the sale of goods
taxable goods determined based on the
transaction value of the taxable goods i.e. (a) Where the receiver of the service is
the price for which the taxable goods are not connected with the taxable person,
actually sold by the registered the value is determined based the actual
manufacturer to the purchaser. price for which the goods are sold;
(iii) Excise duty, if any, paid or to be paid (a) Where the receiver of the service is
on such taxable goods. not connected with the taxable person,
the value for charging service tax shall be
determined based on the actual price for
which the taxable services are provided
or the actual premium or contribution paid
for the insurance coverage;
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