MANUFACTURING CAN AVAIL GTA ABATEMENT ON TRANSPORTATION CHARGES FOR OUTPUT SERVICE AGAINST notification no. 32/2004
Availability of GTA abatement
mohan rao
GTA abatement for manufacturers on transportation charges under notification 13/2008 allows reduced taxable value for output services. Manufacturers procuring goods transport agency services for their output services may apply the prescribed GTA abatement on transportation charges under Notification 32/2004, subsequently replaced by Notification 13/2008, thereby permitting reduced taxable value treatment for those transportation charges. (AI Summary)
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