Abetment rate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2012
Is there is any change in Abatement of Outdoor catering Services? If Yes What is Revised Abatement Rate & What is effective Date?
22 June 2012
The outdoor cateror is required to pay on 60% of the taxable value. this was earlier 50%.
This invariably increases the cost of input for a service recipient as no cenvat is avaiable on things doen with respect to employee welfare
It is effective from 01-07-2012
This invariably increases the cost of input for a service recipient as no cenvat is avaiable on things doen with respect to employee welfare
It is effective from 01-07-2012
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