Abvatement % on rent a cab operator

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Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2016 what is abatement % on rent a cab operator.please reply this question.

Ankur Singhal (Expert)
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26 March 2016 Dear
Abatement is 60%
i.e you need to pay tax on 40% of the value.

Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2016 whether i can avail cenvat credit of paid by service receiver service tax.

Ankur Singhal (Expert)
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26 March 2016 Dear
Are you service provider?
Dear service provider is not entitled to take cenvat credit of service tax paid by service receiver.

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