VAT on Restaurant Bill

Pankaj Gandhi Jaiswal , Last updated: 25 April 2016  
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It is well known and settled fact that restaurant bill includes both component Goods and Service. And since service component is there central government is levying service tax on discounted rate means on 40% value of entire bill considering 40% as a service. If restaurant owners are charging VAT on

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Published by

Pankaj Gandhi Jaiswal
(Chartered Accountant)
Category VAT   Report

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