Gross receipts in service tax
I am willing to know that for registration under Service Tax what is the meaning of 'gross receipts'. I mean, Does gross receipts include Vat collected or luxury tax in the case of a hotel?
As per service Tax act registration is compulsory if GROSS RECEIPTS cross 9 Lakhs. Act says gross receipts and not NET receipts.
As per me by this we can interpret that gross receipts includes all taxes. In entire act i could not find definition of gross receipts.
However as per valuation rules, the value is excluding taxes. But that is only after registration.