Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

abatement in service tax

Service Tax - Started By: - rohit varshney - Dated:- 18-12-2015 Last Replied Date:- 19-12-2015 - what is the role of abatements in service tax - Reply By YAGAY AND SUN - The Reply = There are certain services on while service tax is applicable on aba .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ued. In respect of abatement some exemption is say if 60% abatement is given the service tax is leviable on 40% of the value of the invoice. In such cases conditions are imposed that CENVAT credit on inputs/input services and on capital goods could n .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

vices. What would be the cause for such benefit. Please discuss. - Reply By KASTURI SETHI - The Reply = Sir, I observe the following reasons for abatements: (1) Where the value of the goods cannot be segregated easily i.e. Constructions Services (All .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

, Tour Operators, Man Power. There was hullabaloo by transporters through out India in 2004. (3) Ultimately goal was to plug the leakage of revenue by reduction rate in the form of abatements. (4) Ultimately the burden is to be borne by the consumers .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version