En 26/2012 - service tax

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Shyam

CA Final

39 Points Joined May 2009

Hi All,

If we are availing exemption 26/2012, and we are taking some %(like 60) portion as taxable portion. then What value will be consider for SSP exemption 60 % or 100% ?

Thanks in advance!!

Replies (2)

By abatement,the value of taxable service does not come down.Value remains the full amount.Only tax payable is reduced by a given percentage.Hence the full value of service without abatement is required to be considered.

Hence 100% value will be considered for ssp exemption.