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11 November 2013 what is the difference between the term "abatement" & "exemption"
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
11 November 2013 Exemption means subject matter (services under service tax) is not taxable from very beginning while abatement is deduction of certain percentage from taxable value of services.

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