Meaning of abated value & nom abated value
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2013
Can any one please suggest me what is the meaning of abated value and non abated value?
27 April 2013
if in case of a bill of rs 100.
abatement( or u can understand as exemption) by govt. is 40%
and tax is on 60% value.
then 60 is abated value
and 100 is non abated value.
abatement( or u can understand as exemption) by govt. is 40%
and tax is on 60% value.
then 60 is abated value
and 100 is non abated value.
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