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Service Tax List of Abatements

Service Tax List of Abatements

Notification No. 26/2012 – Service Tax dated 20 June 2012 (updated upto 17.02.2014)

Sl. No.Description of taxable service%geConditions
(1)(2)(3)(4)
1Services in relation to financial leasing including hire purchase10Nil.
2Transport of goods by rail30Nil.
3Transport of passengers, with or without accompanied belongings by rail30Nil.
4Bundled service by way of supply of food or any other article of human consumption or any drink, in a premises ( including hotel, convention center, club, pandal, shamiana or any other place, specially arranged for organizing a function) together with renting of such premises70(i) CENVAT credit on any goods classifiable under Chapters 1 to 22 of the Central Excise Tariff Act, 1985 (5 of 1986) used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004.
5Transport of passengers by air, with or without accompanied belongings40CENVAT credit on inputs and capital goods, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004.
6Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes.60Same as above.
7Services of goods transport agency in relation to transportation of goods.25CENVAT 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.
8Services provided in relation to chit70Same as above.
9Renting of any motor vehicle designed to carry passengers40Same as above.
10Transport of goods in a vessel50Same as above.
11.25(i) 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.(ii) The bill issued for this purpose indicates that it is inclusive of charges for such a tour.
(ii) a tour, if the tour operator is providing services solely of arranging or booking accommodation for any person in relation to a tour10(i) 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.(ii) The invoice, bill or challan issued indicates that it is towards the charges for such accommodation.(iii) This exemption shall not apply in such cases where the invoice, bill or challan issued by the tour operator, in relation to a tour, only includes the service charges for arranging or booking accommodation for any person and does not include the cost of such accommodation.
(iii) any services other than specified at (i) and (ii) above.40(i) 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.(ii) The bill issued indicates that the amount charged in the bill is the gross amount charged for such a tour.
12Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly except where entire consideration is received after issuance of completion certificate by the competent authority,-(i) CENVAT credit on inputs used for providing the taxable service has not been taken under the provisions of the CENVAT Credit Rules, 2004;(ii) The value of land is included in the amount charged from the service receiver.
(i) for residential unit having carpet area upto 2000 square feet or where the amount charged is less than rupees one crore;25
(ii) for other than the (i) above.30

Service Tax List of Abatements

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