I think u should ask expert. and i am eager to know the right answer.
TKKKKKK
(PRACTICING CA)
(3268 Points)
Replied 19 March 2013
I think u should ask expert. and i am eager to know the right answer.
S.Prudhvi
(CA-Articleship)
(42 Points)
Replied 19 March 2013
I have already asked... but no reply from the experts side....
Frankly telling this is more useful....:)
Vikas
(CA)
(1135 Points)
Replied 19 March 2013
I believe the reply has already been given to the query raised.
Please reframe your query, if you still have any.
TKKKKKK
(PRACTICING CA)
(3268 Points)
Replied 20 March 2013
https://www.servicetax.gov.in/st-profiles/tpt-road.pdf
abatement is available to service receiver.according to this notification.read.
Jishnu Surendran
(Finance Manager)
(312 Points)
Replied 21 March 2013
I agree with the notion that abatement can be availed by the service recipient, but service tax on GTA has to be paid in cash, CENVAT credit cannot be utilised to pay tax on GTA.
S.Prudhvi
(CA-Articleship)
(42 Points)
Replied 22 March 2013
Thanks for everyone for resolving my Query
Jishnu Surendran
(Finance Manager)
(312 Points)
Replied 23 March 2013
For the limited purpose of claiming CENVAT credit and Abatement, the definition of Service Receiver stands revised to include Service Provider.