18 September 2012
Is it true that Abated portion of service is considered as exempted service? It will have a effect to calculate value of taxable service provided to avail the exemtion to small service providers. Can we exclude abated portion for calculating value of taxable services provided? it will also affect our ST return.
18 September 2012
The value of taxable service does not include the value of services of exempt portion. Accordingly, only taxable portion shall be taken into account
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