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Service tax on chit fund

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(Querist)
10 June 2015 with effect of amendement in finance act 2015,
chit fund business liable for service tax with out any abtement ,

my query is whether service tax is is on entire installment of chit or on commission to foreman
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CMA MALHAR BEHERA

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CMA MALHAR BEHERA (Expert)
10 June 2015 Abatement is being withdrawn from chit fund service. Consequently, service tax shall be paid by the chit fund foremen at full consideration received by way of fee, commission or any such amount.

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