Service Tax Notification Issued: Key Updates on Abatement and Compliance Requirements for Stakeholders.

A recent service tax notification has been issued, detailing important updates on abatement and compliance requirements for stakeholders. The notification outlines changes in the abatement rates applicable to various services, impacting how service tax is calculated. It also emphasizes the need for stakeholders to adhere to the revised compliance protocols to ensure proper tax filing and avoid penalties. These updates are crucial for businesses and service providers to remain compliant with the latest tax regulations. .....

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