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Abatement - Services by foreman of chit fund

Abatement - Services by foreman of chit fund - Service Tax - Abatement, Composite Rate of Tax, and Valuation Scheme for specified services - 008 - Sr. No. 8 Services by foreman of chit fund (w.e.f. :1.4.2016) Scope of abated service - Notification no .....

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taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004. From 11.7.2014 to 31.3.2015 - Notification No. 08/2014 - Service Tax dated 11th July, 2014 8.Services provided in relation to chit Effective Rate of tax: 70% .....

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. 08/2015 - Dated 1-3-2015 8.[***] OMITTED - Amendment notes w.e.f. 1.4.2015 - Abatement has been withdrawn from services provided in relation to chit. Consequently, Service Tax was to be paid by the chit fund foremen on the full consideration receiv .....

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escribed u/s 66B Conditions: CENVAT credit on inputs, capital goods and input services, used for providing the taxable service has not been taken under the provisions of the CENVAT Credit Rules, 2004 Amendment notes w.e.f. 1.4.2016 - Services provide .....

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