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business auxiliary services abatement

kh loya

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
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KASTURI SETHI on Jun 12, 2018

Abatement was available vide Notification No.1/2006-ST dated 1.3.2006 with the condition no credit was taken. No benefit could be taken in Notification no.12/2003-ST 20.6.2003. Rate of abatement depends upon the nomenclature of service.

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