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Service Tax

Exemptions and Abatement

Learn free in Detail Exemptions and Abatement  for November 2016 CA Exams and December 2016 (CS,CWA,CMA Exams)

Every topic is well explained with the help of Easy Notes and Charts prepared by experienced Chartered Accountants

 

While in case of abatement, Service tax is levied at lower rate,

in case of exemption,service tax is not charged at all

Hence exemption is scheme of government through which Service is made tax free

Both ABATEMENT and EXEMPTIONS are notified by Government by issuing notifications

 

Videos in Hindi are provided for Better Understanding

This will help you score well in your exams

 

Abatement means discount or reduction on service tax rate as notified by governmenttement

 

All amendments updated for November 2016 exams of CA and December 2016 exams of CS and CWA

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