Difference between abatement & rcm


This query is : Resolved 

24 August 2013
Plz let's know the difference between Abatement & RCM

24 August 2013 Abatement is the concession in service tax on some percentage.

RCM - reverse charge method is payment of service tax by the service receiver directly to government

24 January 2016 https://www.businessdictionary.com/definition/tax-abatement.html


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