What is abatement of material ans rate of service tax


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Querist : Anonymous (Querist)
01 August 2013 Dear sir

pls clear a confusion about abatement of material in case of InterirDesing service and what will be service tax on it

01 August 2013 After 01.07.2012, the work which involves both material and labour is coming under valuation Rule 2A. If you are registered as a VAT Dealer in your STATE and for that taxable turnover you need not pay service tax. If valuation is not possible, Please go thro Rule 2A and reverse charge.


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