My company is a manufacturing company,so i need what will be the abatement in service tax on transporter and how to calculate it.My email id is aleptee_77724@yahoo.com
22 January 2009
Abatement is 75 % of the total transportation charged by the GTA liable on payment. Once you make payment 25 % of the same can be computed and 12% + 3% Cess may have tobe paid.
CAclubindia
