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    <title>ABATEMENTS IN SERVICE TAX: CHANGES W.E.F. APRIL 2016</title>
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    <description>Notification No. 8/2016 ST amends abatement rules in Notification No. 26/2012 ST w.e.f. 1.4.2016 (some provisions w.e.f. 1.6.2016), standardising abatement rates across several service categories and clarifying interaction with input service Cenvat credit. Key changes: tour operator abatements rationalised and package tour definition removed; transport services (rail, container rail by non Railway operators, vessel, stage carriage) reallocated to specified abated taxable values with defined Cenvat credit treatment; renting of motor cabs must include fuel and fair market value items in consideration for abatement; foreman to chit fund and GTA used household goods transport receive specified abated treatment; Swachh Bharat Cess applies on abated value.</description>
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    <pubDate>Tue, 17 May 2016 11:15:50 +0530</pubDate>
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      <description>Notification No. 8/2016 ST amends abatement rules in Notification No. 26/2012 ST w.e.f. 1.4.2016 (some provisions w.e.f. 1.6.2016), standardising abatement rates across several service categories and clarifying interaction with input service Cenvat credit. Key changes: tour operator abatements rationalised and package tour definition removed; transport services (rail, container rail by non Railway operators, vessel, stage carriage) reallocated to specified abated taxable values with defined Cenvat credit treatment; renting of motor cabs must include fuel and fair market value items in consideration for abatement; foreman to chit fund and GTA used household goods transport receive specified abated treatment; Swachh Bharat Cess applies on abated value.</description>
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