- Complex Construction without owning Land
One of our clients is developer of Residential Building on the land registered in the name of Society.
He was claiming 67% abatement under Notification No. 1/2006. But, now in New Notification 26/2012 there is abatement is available only to those who has own Land. So, now how should we calculate Valuation for the purpose of Service tax?
- Repair & Maintenance Services
One of our clients is providing services for Commissioning and erecting of Mobile towers.
He was claiming 67% abatement under Notification No. 1/2006. But, now in New Notification 26/2012 there is no abatement is available for same services. So, now how should we calculate Valuation for the purpose of Service tax?
Thanks in Advance….
CAclubindia
