I am providing GTA service and my gross reciept for the year is Rs.12lacs
As there is notification which provided 75% abatement (to pay tax on 25%)
whether I am liable to ST as
if abatement is first taken then my taxable value will be Rs. 9 and I am not liable to ST
whereas if exemption of Rs.10lacs to be claimed first then ST will be chargable on 2*75% lacs
which is correct please help its urgent
CAclubindia
