Abated value and non abated value
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 November 2012
Sir,
I have some confusion about "Abated value and non abated value" please define what is difference between in both value. Thanks, in Advance
Sir,
I have some confusion about "Abated value and non abated value" please define what is difference between in both value. Thanks, in Advance
07 November 2012
Abated value means value after considering abatement available as per service tax law, e.g. For renting of cab a abatement of 60% is available. Thus if Rs 100 is bill then abated value is Rs 40/- and non abated value is Rs 100/-
Hope this would settle the issue.
Hope this would settle the issue.
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 November 2012
Thanks,a lot Sir.
Thanks,a lot Sir.
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