Service tax

513 views 2 replies

sir,

we have a registration of service called "construction other than residential complex including commercial/industrial building  or civil structure etc"

we are paying service tax claiming abatement of 67 percent and pay service tax at 33 percent.

i just want to know whether there are any changes on this abtement.  or we are right on this

kindly suggest

Replies (2)

Thats a perfect treatment my friend. Further there was a composition scheme for similiar situation but abolished last year having 60% concession on service tax.

"2 Composition Scheme has been rescinded vide notification No. 35/2012 
 
dated 20.06.2012 with effect from 01.07.2012"

From 1.3.2013 only two types of abatement related to you are available.They are as follows:

a)For residential units having less than 2000 sq.feet area ,it is 25%

b)In other cases it is 30%

So in your case it should be 30% instead of 33%

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