What is abatement of material ans rate of service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 August 2013 Dear sir

pls clear a confusion about abatement of material in case of InterirDesing service and what will be service tax on it

RENGARAJ R.K

RENGARAJ R.K (Expert)
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01 August 2013 After 01.07.2012, the work which involves both material and labour is coming under valuation Rule 2A. If you are registered as a VAT Dealer in your STATE and for that taxable turnover you need not pay service tax. If valuation is not possible, Please go thro Rule 2A and reverse charge.