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Difference between abatement & rcm

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(Querist)
24 August 2013
Plz let's know the difference between Abatement & RCM
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
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
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Arpit Shah

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Arpit Shah (Expert)
24 January 2016 https://www.businessdictionary.com/definition/tax-abatement.html
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