I am in a great confusion in respect of Abatement given in Notification 26/2012 in Service Tax. As per notification the abatement is available if the condition is satisfied.
Now, I want to know whether this Notification is applicable for Reverse Charge mechanism and how much Service Tax will be paid by me on Reverse Charge of GTA.
And if this notification is applicable on Reverse Charge also then will I have to pay @ 25%?
08 January 2013
Thanks for your Valuable reply sir.. Just want to know further about the condition given therein. Actually our company's auditor was saying that we need to take a declaration from Transporter stating they are not availing CENVAT credit on Inputs, Capital Goods and Input Services.
CAclubindia
