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    <title>reverse charge mechanism</title>
    <link>https://www.taxtmi.com/forum/issue?id=109098</link>
    <description>Reverse charge liability for rent a cab services depends on whether the service provider avails the 60% abatement (forfeiting cenvat credit); if abatement is availed the recipient&#039;s reverse charge duty applies to the taxable abated base, whereas if the provider does not take abatement and claims cenvat credit the liability is determined on the non abated value under the notifications. Invoices should expressly state when abatement has been availed so the receiver can calculate reverse charge correctly.</description>
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    <pubDate>Tue, 01 Sep 2015 11:11:35 +0530</pubDate>
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      <title>reverse charge mechanism</title>
      <link>https://www.taxtmi.com/forum/issue?id=109098</link>
      <description>Reverse charge liability for rent a cab services depends on whether the service provider avails the 60% abatement (forfeiting cenvat credit); if abatement is availed the recipient&#039;s reverse charge duty applies to the taxable abated base, whereas if the provider does not take abatement and claims cenvat credit the liability is determined on the non abated value under the notifications. Invoices should expressly state when abatement has been availed so the receiver can calculate reverse charge correctly.</description>
      <category>Discussion-Forum</category>
      <law>Service Tax</law>
      <pubDate>Tue, 01 Sep 2015 11:11:35 +0530</pubDate>
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