https://www.taxtmi.com/forum/issue?id=109561 Abatement reduces the taxable base for specified services so service tax is levied on the abated invoice value; where abatement applies providers generally cannot claim CENVAT credit on inputs, input services, or capital goods. Abatements are used when segregating component values is difficult or for administrative convenience, and serve as a policy tool to achieve practical rate reduction while protecting revenue. en-us Fri, 18 Dec 2015 12:55:52 +0530 Thu, 23 Jan 2025 15:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109561 Abatement reduces the taxable base for specified services so service tax is levied on the abated invoice value; where abatement applies providers generally cannot claim CENVAT credit on inputs, input services, or capital goods. Abatements are used when segregating component values is difficult or for administrative convenience, and serve as a policy tool to achieve practical rate reduction while protecting revenue. Discussion-Forum Service Tax Fri, 18 Dec 2015 12:55:52 +0530 https://www.taxtmi.com/forum/issue?id=109561