https://www.taxtmi.com/article/detailed?id=6779 Abatement reduces the taxable value of specified services by prescribed percentages on condition that the service provider has not taken CENVAT credit on inputs, capital goods or input services under the CENVAT Credit Rules, 2004. The notification lists covered services (leasing, transport, GTA, tour operator, renting, bundled food with premises rental, construction-for-sale, motor cab, etc.), sets abatement rates, effective dates, and service specific rules for computing the amount charged, including inclusion of fair market value and deductions for amounts charged for goods and VAT/Sales Tax. en-us Tue, 12 Apr 2016 11:06:13 +0530 Tue, 12 Apr 2016 11:06:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6779 Abatement reduces the taxable value of specified services by prescribed percentages on condition that the service provider has not taken CENVAT credit on inputs, capital goods or input services under the CENVAT Credit Rules, 2004. The notification lists covered services (leasing, transport, GTA, tour operator, renting, bundled food with premises rental, construction-for-sale, motor cab, etc.), sets abatement rates, effective dates, and service specific rules for computing the amount charged, including inclusion of fair market value and deductions for amounts charged for goods and VAT/Sales Tax. Articles Service Tax Tue, 12 Apr 2016 11:06:13 +0530 https://www.taxtmi.com/article/detailed?id=6779