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Rationalization of Abatements

Service Tax - Started By: - Admin TMI - Dated:- 1-3-2015 Last Replied Date:- 1-3-2015 - Question - What are amendments proposed in Abatements in service tax in Finance Bill 2015 ? - Reply By Admin TMI - The Reply = :• At present, service tax is .....

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is now being prescribed for transport by rail, road and vessel. Service Tax shall be payable on 30% of the value of such services subject to a uniform condition of non-availment of Cenvat Credit on inputs, capital goods and input services.• .....

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