https://www.taxtmi.com/notifications?id=24744 Notification grants abatements by allowing service tax to be calculated on a specified percentage of the gross amount charged for listed services, thereby reducing the taxable value; abatements are subject to conditions such as non-availability of CENVAT credit, invoice/bill specifications that charges are inclusive or indicate gross amount, and exclusion of non-interest receipts in financial leasing. Key services covered include various transport services, hotel and food supply, renting, renting of vehicles, chit services, tour-operator services, and financial leasing, with definitions and valuation rules provided. en-us Sat, 17 Mar 2012 00:00:00 +0530 Thu, 21 Jun 2012 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24744 Notification grants abatements by allowing service tax to be calculated on a specified percentage of the gross amount charged for listed services, thereby reducing the taxable value; abatements are subject to conditions such as non-availability of CENVAT credit, invoice/bill specifications that charges are inclusive or indicate gross amount, and exclusion of non-interest receipts in financial leasing. Key services covered include various transport services, hotel and food supply, renting, renting of vehicles, chit services, tour-operator services, and financial leasing, with definitions and valuation rules provided. Notifications Service Tax Sat, 17 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24744