ABATEMENT Vs EXEMPTION

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..... On availing abatement under notification no.- 34/2011-S.T. ; can the threshold exemption limit of Rs. 10 Lakhs be claimed, being the first year of operation of the hotel (accomodation service provid .....

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..... er) ? - Reply By Deepak Nagori - The Reply = Dear Abhishek, Yes the exemption limit of Rs. 10 lacs can be availed and service tax shall be payable for billings in excess of Rs. 10 lacs for the fir .....

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..... st year. From next year, though, you would have to charge service tax right from the beginning. Regards CA Deepak Nagori - Reply By R.S. Mangal - The Reply = The Exemption will be on first 10 la .....

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..... cs being gross amount without any abatement which may be noted. - ABATEMENT Vs EXEMPTION - Query Started By: - Abhisek Tibrewal Dated:- 24-11-2011 Service Tax - Got 2 Replies - Service Tax - Discus .....

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..... sion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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