WHAT WILL BE THE AMOUNT OF SERVICE TAX TO BE PAYABLE BY THE ASSESSEE, WHO PROVIDES SERVICES OF "CONSTRUCTION SERVICES IN RESPECT OF COMMERCIAL OR INDUSTRIAL BUILDINGS AND CIVIL STRUCTURES". HE RECEIVED AN AMOUNT OF Rs 300000 DURING THE YEAR 2012-13(50000 IN JUL-SEP QUARTER, 110000 IN OCT-DEC QUARTER AND 140000 IN JAN-MAR QUARTER. PLEASE HELP ME TO COMPUTE THIS. IS THERE ANY ABATEMENT APPLICABLE.
20 April 2013
Before 1st March, 2013 a flat 75% rebate was available. And wef 1st March,2013 75% rebate is available for residential unit having carpet area upto 2000 square feet or where amount charged in less than 1 crore.