Difference between exemption and abatement

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RAKESH (Querist)
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21 April 2016 Our Company is receiving Rent a cab service and co. is paying 50% of service tax to govt and also receiving works contract service from individual(R&M) and paying 50% service tax on 70% of value.
My query is, while filing ST3 return the total value is shown on B2.7(Amount on which Service Tax is payable under partial reverse charge), where can I show the deductible 50% of value? Amount Exempted or abatement?
Also mention the the Notification Number and SI NO.
Please answer.
Thanks in Advance

Suresh Ramaswamy

Suresh Ramaswamy (Expert)
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24 April 2016 In the respective Payable Service Sheets fill up the following:

In Rent - a - Cab Service Exemption Notification No. 30/2012 - serial no. 7(a). Abatement Notification No. 26/2012 - serial no. 9.

In Works Contract Service both the Notification No. 30/2012 - serial no. 9.

In the ST - 3 Return fill up B 2.1 to 2.6.

In case of Rent - a - Cab Service claim 50% of B 2.7 as abatement. Automatically B 2.14 will reflect the Net Taxable Value on which the Service Tax and SB Cess would be calculated.

In case of Works Contract Service claim 30% of B 2.7 as exemption in B 2.9 and 50% of the balance as abatement in B 2.11. Automatically B 2.14 will reflect the Net Taxable Value on which the Service Tax and SB Cess would be calculated.

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