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Abated value and non abated value

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Querist : Anonymous

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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
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MOHAMMAD SALIM

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MOHAMMAD SALIM (Expert)
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.
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 November 2012
Thanks,a lot Sir.
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