Abatement - Renting of motorcab

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..... Rate of tax: 40% of Service Tax prescribed u/s 66B Conditions: 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. From 1.10.2014 - Notification No. 08/2014 - dated 11.7.2014 9. Renting of motorcab Effective Rate of tax: 40% of Service Tax prescribed u/s 66B Conditions .....

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..... g, permitting or granting access, entry, occupation, use or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or other similar arrangements in respect of immovable property; Explanation: as appended to the Notification w.e.f. 1.4.2016 vide Not. 08/2016 - Dated .....

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