What is criteria for abatement availment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2014
what is criteria for availment of Abatement of service tax for rent a cab operator, and when abatement not available.
TARUN ARORA
(Expert)
05 August 2014
Abatement to Rent a cab operator is provided vide Notification No 26/2012.
In that notification condition for abatement is also provided which is as follows-
"CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004"
In short if you are not availing Cenvat you can take Abatement.
In that notification condition for abatement is also provided which is as follows-
"CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004"
In short if you are not availing Cenvat you can take Abatement.
Rupesh Jain
(Expert)
06 August 2014
if your are not availing the input credit then you take abetment under the rent a cab services.
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