Abatement rate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2013
Kindly let me know the following:
1) Abatement rate w.e.f. 01.07.2012 on Construction of Residential Complex Services.
2) Is there any difference between Construction of Residential Complex Services and Construction Services in respect of commercial or industrial building and civil structure or both are the same w.e.f. 01.07.2012?
1) Abatement rate w.e.f. 01.07.2012 on Construction of Residential Complex Services.
2) Is there any difference between Construction of Residential Complex Services and Construction Services in respect of commercial or industrial building and civil structure or both are the same w.e.f. 01.07.2012?
20 February 2013
The abatement rates are 67% and 75%. The difference between the two is that in later case, the cost of land should not be charged separately.
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