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Construction of residential property

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(Querist)
21 December 2012 Rate of Abatement if service is provided by the contractor for the construction of property on the land of service receiver???
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Kaushik Vinod

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Kaushik Vinod (Expert)
23 December 2012 Hi Richa,

The rate of service tax charged is 40% of 12.36% from 01-07-2012, abatement is 60% not 75%.

Thanks

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