17 May 2010
Yes agreed with sri Bansal.You may claim the 75% abatement which has been allowed under Nfn.No.32/2004 ST dated 03.12.2004. Calculate and pay S.Tax on the balance 25% @10.30%.
21 May 2010
i have query.. whether same rule would be applicable if turnover of transporter is less then Rs 10 lakhs? what happen if infrastructure business has its own transport whom turnover is less then required amount of Rs 10 lakhs regards
CAclubindia
