Urgent service tax query...

CA Saurabh Shukla (Accounts Executive) (223 Points)

05 October 2012  
  1. Complex Construction without owning Land

One of our clients is developer of Residential Building on the land registered in the name of Society.

He was claiming 67% abatement under Notification No. 1/2006. But, now in New Notification 26/2012 there is abatement is available only to those who has own Land. So, now how should we calculate Valuation for the purpose of Service tax?

  1. Repair & Maintenance Services

One of our clients is providing services for Commissioning and erecting of Mobile towers.

He was claiming 67% abatement under Notification No. 1/2006. But, now in New Notification 26/2012 there is no abatement is available for same services. So, now how should we calculate Valuation for the purpose of Service tax?

 

Thanks in Advance….