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<h1>Abatement for chit fund foreman services restored, taxable at abated value subject to restriction on Cenvat credit.</h1> Services by a foreman of chit fund are taxable on an abated value (70% of the consideration) provided CENVAT credit on inputs, input services and capital goods used to provide the taxable service has not been availed; the abatement was withdrawn in 2015 then reinstated in 2016. The definition of 'foreman of chit fund' was aligned with the Chit Funds Act by amendment.