Abatement
This query is : Resolved
25 June 2010
Hi,
I have a query regarding abatement and cenvat credit.
Services like construction of commercial complex has abatement (say 67%) so service tax has to be calculated at the rate of 10.3% on 33% of invoice value.
Can service provider take cenvat credit? please support your views with notification or any other authoritative documents if any.
I have a query regarding abatement and cenvat credit.
Services like construction of commercial complex has abatement (say 67%) so service tax has to be calculated at the rate of 10.3% on 33% of invoice value.
Can service provider take cenvat credit? please support your views with notification or any other authoritative documents if any.
26 June 2010
If you take CENVAT Credit, you cannot avail abatement.....Its a general thumb rule in Service Tax.
I dont have enough supportings for this particular case
I dont have enough supportings for this particular case
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