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TMI BlogAbatement notificationX X X X Extracts X X X X X X X X Extracts X X X X ..... mn (3) of the said Table, of the amount charged by such service provider for providing the said taxable service, unless specified otherwise, subject to the relevant conditions specified in the corresponding entry in column (4) of the said Table, namely;- Table Sl. No. Description of taxable service Percent- age Conditions (1) (2) (3) (4) 1 Services in relation to financial leasing including hire purchase 10 Nil. 17 [2 Transport of goods by rail (other than service specified at Sl. No. 2A below) 30 CENVAT credit on inputs and capital goods, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004.] 18 [2A Transport of goods in containers by rail by any person other than Indian Railways 40 CENVAT credit on inputs and capital goods, used for providing the t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... redit Rules, 2004. 21 [7A Services of goods transport agency in relation to transportation of used household goods. 40 CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken by the service provider under the provisions of the CENVAT Credit Rules, 2004. ] 22 [8 Services provided by a foreman of chit fund in relation to chit 70 CENVAT credit on inputs, capital goods and input services, used for providing the taxable service has not been taken under the provisions of the CENVAT Credit Rules, 2004 .] 9 Renting of 5 [motorcab] 40 6 [(i) CENVAT credit on inputs and capital goods, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004 ; (ii) CENVAT credit on input service of renting of motorcab has been taken under the provisions of the CENVAT Credit Rules, 2004 , in the following manner: (a) Full CENVAT credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arged shall be an amount, forming or representing as interest, i.e. the difference between the installments paid towards repayment of the lease amount and the principal amount contained in such installments; (ii) the exemption shall not apply to an amount, other than an amount forming or representing as interest, charged by the service provider such as lease management fee, processing fee, documentation charges and administrative fee, which shall be added to the amount calculated in terms of (i) above. B. For the purposes of exemption at Serial number 4 - The amount charged shall be the sum total of the gross amount charged and the fair market value of all goods and services supplied in or in relation to the supply of food or any other article of human consumption or any drink (whether or not intoxicating) and whether or not supplied under the same contract or any other contract, after deducting- (i) the amount charged for such goods or services supplied to the service provider, if any; and (ii) the value added tax or sales tax, if any, levied thereon: Provided that the fair market value of goods and se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly except where entire consideration is received after issuance of completion certificate by the competent authority 25 (i) CENVAT credit on inputs used for providing the taxable service has not been taken under the provisions of the CENVAT Credit Rules, 2004 . (ii)The value of land is included in the amount charged from the service receiver. 2. Substituted vide Notification No.09/2013 - Service Tax - May 8, 2013 , before it was read as, 1 [12. Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly except where entire consideration is received after issuance of completion certificate by the competent authority,- (i) CENVAT credit on inputs used for providing the taxable service has not been taken under the provisions of the CENVAT Credit Rules, 2004; (ii) The value of land is included in the amount charged from the service receiver.]. (i) for residential u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Not. 08/2015 - Dated 1-3-2015 , w.e.f. 1st day of April, 2015, before it was read as, 8 Services provided in relation to chit 70 4 [CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004 ] 15. Substituted vide Not. 08/2015 - Dated 1-3-2015 , w.e.f. 1st day of April, 2015, before it was read as, 8 [40] 16. Omitted vide Not. 13/2005 - Dated 19-5-2015 , before it was read as, a. chit means a transaction whether called chit, chit fund, chitty, kuri, or by whatever name by or under which a person enters into an agreement with a specified number of persons that every one of them shall subscribe a certain sum of money (or a certain quantity of grain instead) by way of periodical installments over a definite period and that each subscriber shall, in his turn, as determined by lot or by auction or by tender or in such other manner as may be specified in the chit agreement, be entitled to a prize amount, 17. Substituted vide Not. 08/2016 - Dated 1-3-2016, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , in relation to a tour, only includes the service charges for arranging or booking accommodation for any person and does not include the cost of such accommodation. (iii) any services other than specified at (i) and (ii) above. 40 (i) CENVAT credit on inputs, capital goods and 9 [input services other than the input service of a tour operator], used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004 . (ii)The bill issued indicates that the amount charged in the bill is the gross amount charged for such a tour. 26. Substituted vide Not. 08/2016 - Dated 1-3-2016, w.e.f. 1st April, 2016, before it was read as, 2 [12. Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly, except where entire consideration is received after issuance of completion certificate by the competent authority,- (a) for a residential unit satisfying both the following conditions, namely:- (i) the carpet area of the unit is less than 2000 square feet; an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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