Clarification on service tax (abatement)

I don't think that any abatement is available for Reoairs and maintenance service ....(See Abatement Notification No.26/2012 dated 20.06.2012)

Further, as per general rule if abatement is taken as per notification then in no case cenvat credit can be taken.

Ya if repairs & maintenance in nature of "work contracts" then valuation will be as per Rule 2A of ST Valuation Rules,2007 and 60% of value is chargeable to tax.

Agree with Saurabh maheshwari that there is no abetment for repair & maintainance  Services.. 

but i think if it is in nature of "Work Contract" the valuation will be as per Rule 2A, Service Tax (Determination of Value) Rules, 2006 and

70% of total amount charged for Work contract is taxable as amended by Service Tax (Determination of Value) Amended Rules, 2014. w.e.f. 1/10/2014 

thanks to all

1) Has it been notified regarding change in service tax rate from 12 to 14% as provided in budget for the FY 2015-16?

2) Service tax liability under RCM for rent a cab which was proposed as 50% in budget for the FY 2015-16 has been notified or not?

Please advice as its urgent

DEEPAK