The gross amount charged by a service provider on 12th February, 2015 for rendering taxable service is ₹1,57,304. The value of taxable services would be

CS Executive · Tax Laws and Practice · PYQS · June 2015
The gross amount charged by a service provider on 12th February, 2015 for rendering taxable service is ₹1,57,304. The value of taxable services would be
(A) ₹1,57,304
(B) ₹1,57,000
(C) ₹1,40,000
(D) None of the above.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Service Tax

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