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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 .....

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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 .....

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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 .....

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, 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 .....

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