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Service tax -Abated Value and Non Abated Value

DATTATRAY PISAL

How to calculate the abated value in Bill for service provider for Rent-a-cab scheme operator Service ?

Regards,

Datta

Guidance on Calculating Abated Value for Rent-a-Cab Service Providers Using Notifications 26/2012-ST and 30/2012. A query was raised on how to calculate the abated value in a bill for a service provider operating under the Rent-a-cab scheme. The response advised referring to Notification No. 26/2012-ST for the abatement rate and Notification No. 30/2012 for reverse charge liability. (AI Summary)
Service Tax
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