business auxiliary services abatement
dear sir
we know there is abament on business auxiliary service but we dnt knw how much and by what goverment order so please
help
Abatement for Business Auxiliary Services Explained: Notification No. 1/2006-ST Applies, No Credit Taken, Rate Varies by Service Name. An individual inquired about the abatement available for business auxiliary services, seeking details on the applicable rate and government order. A response clarified that abatement was provided under Notification No. 1/2006-ST dated March 1, 2006, with the condition that no credit was taken. It also mentioned that no benefits could be derived from Notification No. 12/2003-ST dated June 20, 2003, and that the abatement rate depends on the service's nomenclature. (AI Summary)
Service Tax