Abated value


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10 February 2013 What is abated value for reverse charge mechanism?

11 February 2013 Its different for all tyoes of deductions.Please specify the type of deduction on which reverse charge mechanism applies...

11 February 2013 a.Renting of a motor vehicle designed to carry passenger on abated value to any person who is not engaged in a similar line of business.
b.Renting of motor vehicle designed to carry passenger on non abated value to any person who is not engaged in a similar line of business.

12 February 2013 One more question is
What is the meaning of input service distributor?


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