CONSTRUCTION SERVICES ABATETMENT
Querist :
Anonymous
(Querist) 19 May 2010
This query is : Resolved
Dear Sir,
I have query about service tax abatement in the "construction of commercial & industrial" category. We were claiming abatement of 67%. I have read in newspaper before passing the budget that in construction of commercial & industrial services category will get abatement of 75% from new year.
My query is the above abatement i.e. 75% is passed and if passed from which date is applicable?
I will be very thankful to you, if you could give the answer and please quote the related notification, etc.
Thanks & Regards
GULSHAN BHARDWAJ
Vineet
(Expert) 19 May 2010
I understand that the 75% abatement is for construction of Residential complexes.
Please wait for the appropriate notification which will prescribe the effective date also.
