Vineet Singhal & Co

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We hold expertise in handling issues related to Service Tax. It is a form of indirect tax that is imposed on specified services called taxable services. Over the past few years, service tax been expanded to cover new services with the prime objective behind levying service tax to reduce degree of intensity of taxation on manufacturing as well as trade without forcing government to compromise on revenue requirements. For purposes of levying service tax, value of any taxable service is the gross amount charged by service provider for service rendered by him.