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What is the ST for Vehicle/Transport for service used by company Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
With abatement, it is 40% of 12.36% and without abatement
With abatement, it is 40% of 12.36% and without abatement it is 12.36 % . When the service is provided by other than Companies, service provider shall not be required to pay ST in case of abatement and Service receiver is required to pay 40% of 12.36% . In case abatement is not claimed ( ie Cenvat credit availed), 60% of 12.36% to be paid by provider and balance 40% by the receiver
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