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Abetment rate

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Querist : Anonymous (Querist)
22 June 2012 Is there is any change in Abatement of Outdoor catering Services? If Yes What is Revised Abatement Rate & What is effective Date?
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Dayal

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Dayal (Expert)
22 June 2012 The outdoor cateror is required to pay on 60% of the taxable value. this was earlier 50%.

This invariably increases the cost of input for a service recipient as no cenvat is avaiable on things doen with respect to employee welfare

It is effective from 01-07-2012

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