23 August 2011
As per notification no.6/2005-ST dated 1/3/2005 provides an option to the service provider to avail exemption from tax leviable on taxable services of aggregate value not exceeding 10 lakhs.
As per notification no.1/2006-ST dated 1/3/2006 75% abatement can be availed by service provider of construction of residential complex service.
whether abatement of 75% can be availed by service provider and thereafter the threshold exemption limit of Rs. 10 lakh can be claimed or the threshold exemption should be claimed from the gross amount received and abatement to be claimed thereafter.
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