Clarification in vat calculation
This query is : Open
raghuraman
(Querist)
24 November 2014
One supplier charging VAT & Service Tax.
Kindly clarify whether VAT to be calculated on base value or including Service Tax.
Kindly clarify whether VAT to be calculated on base value or including Service Tax.
Neljo Davis ACA
(Expert)
24 November 2014
Whether vat is to be collected on base value or value including service tax will vary based on each State’s VAT laws and Case Laws. In the state of Kerala, department has clarified that Service Tax paid would form part of the sale price and consequently would form part of the turnover of the dealer, and chargeable to Kerala Value Added Tax. (ORDER No.C3/4174/10/CT DATED 31/3/2010) Link-https://www.keralataxes.gov.in/clarification/4174.KVAT.10.pdf
raghuraman
(Querist)
26 November 2014
This is related to Tamil Nadu. Any Order related to this State.
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