lohithakshan u k
(Querist) 05 April 2008
This query is : Resolved
PLEASE EXPLAIN THER MEANING OF NEW AMENDMENT RELATING TO GTAST IN THIS YEAR BUDGET RELATING TO ABATEMENT
Rajesh Kumar
(Expert) 26 April 2008
Probably you are asking about the Service Tax on Goods transport operators. Earlier an abatement of 75% of the tax was allowed subject to the condition that the transporter has not availed cenvat credit- now such amendemnt has been made unconditional.
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