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Service tax return-abatements
One of my client is providing work contract service and rent a cab service and taking benefit of abatements viz. 30% on WCR and 60% on Rent a cab but I am getting confused regarding their notification number and serial number and how to show amount bcoz service receiver's liability to pay under RCM @ 100% on 40% in rent a cab service and 50% on 70% of taxable amount in wcr while tax rate cannot be reduced just bcoz of system errors, so plz give me suggestions??? Thanks in advance
Replies (1)
HI Jitender,
Firstly you need to show the proportionate value in the return. (i.e. after applying abatement). Alternatively you can use the abated rate while selecting rate.
Further, following are the S.no and relevant notifications:
Works Contract:
Notification no: 24/2012 and S.NO: 01
Renting of Motor cab
Notification no: 30/2012 and S.no: 09
Regards
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