Applicability of service tax and vat
This query is : Resolved
11 February 2014
Sir
I am working in Hospitality sector and Our company is providing Mandap keeper service .
They used to bill the client cumulative amount for renting of banquet hall and supply of food.
So I wants to know how bifurcate that bill amount and take the tax(ST and VAT).
Let say our company charge Rs 100000 from client inclusive of taxes now what will be the income part and tax???????
Please reply asap.
Hurry
Sunny Tanwar
I am working in Hospitality sector and Our company is providing Mandap keeper service .
They used to bill the client cumulative amount for renting of banquet hall and supply of food.
So I wants to know how bifurcate that bill amount and take the tax(ST and VAT).
Let say our company charge Rs 100000 from client inclusive of taxes now what will be the income part and tax???????
Please reply asap.
Hurry
Sunny Tanwar
11 February 2014
Dear Sunny,
Can you explain me how transfer of goods is taking place in this case ..I mean which goods you are transferring
Can you explain me how transfer of goods is taking place in this case ..I mean which goods you are transferring
11 February 2014
Services rendered by mandap keepers as caterer would also be liable to service tax - food charges collected from customers includible in value for discharging ST Pre-deposit ordered: CESTAT
11 February 2014
sir
Food items like which normally served at functions are transferring at banquet hall
Food items like which normally served at functions are transferring at banquet hall
11 February 2014
Mr S Tanwar,
I think in this case you should be able to bifurcate the catering and mandap charges. There are different rates of abatements given in Notification No26/2012.Visit WWW.cbec.nic.in,click service tax,go to notification of 2012 and see details of abatement. Utilise this provision and calculate ST after bifurcation,if necessary.....mjk
I think in this case you should be able to bifurcate the catering and mandap charges. There are different rates of abatements given in Notification No26/2012.Visit WWW.cbec.nic.in,click service tax,go to notification of 2012 and see details of abatement. Utilise this provision and calculate ST after bifurcation,if necessary.....mjk
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