ABATEMENT UNDER Goods Transport Agency

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..... ABATEMENT UNDER Goods Transport Agency
Query (Issue) Started By: - Gopalarathnam Muralidharan Dated:- 22-3-2013 Last Reply Date:- 22-3-2013 Service Tax
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Service Tax
Under GTA S .....

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..... ervices what is the percentage for abatement. Is it 75% of the value of Gross service or 25% of the value of Gross service with effect from 01.07.12 Reply By Udaya Chandran: The Reply: The abatement .....

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..... rate for GTA services is 75%. If the value of service is Rs.10000/-, the abatement rate is Rs.7500/- (10000 x 75%) and you have to pay service tax on Rs.2500/- (25% of Rs.10000/-)
Discussion Foru .....

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..... m - Knowledge Sharing .....

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