Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID :

ABATEMENT UNDER Goods Transport Agency

Gopalarathnam Muralidharan

Under GTA Services what is the percentage for abatement.   Is it 75% of the value of Gross service or 25% of the value of Gross service with effect from 01.07.12

GTA service abatement confirms majority deduction from gross value, leaving a reduced taxable value under service tax. Under Goods Transport Agency services the abatement is 75% of the gross value, leaving 25% of the gross consideration as the taxable value for service tax; e.g., on a gross value of 10000 the abatement is 7500 and tax is payable on 2500. (AI Summary)
answers
Sort by
+ Add A New Reply
Hide
Udaya Chandran on Mar 22, 2013

The abatement rate for GTA services is 75%.  If the value of service is Rs.10000/-, the abatement rate is Rs.7500/- (10000 x 75%) and you have to pay service tax on Rs.2500/- (25% of Rs.10000/-)

+ Add A New Reply
Hide
Recent Issues