Computation of vat and service tax from the works bill
This query is : Resolved
14 August 2013
How to calculate the VAT and service Tax from the works bill?, whether to take composition of VAT or to take abatement as per Reverse charge mechanism of service tax act.
15 August 2013
Your query is not clear.
There is no connection between VAT and service tax. On works contract both are applicable.
What you are, a work contract service provider or service receiver ?
There is no connection between VAT and service tax. On works contract both are applicable.
What you are, a work contract service provider or service receiver ?
17 August 2013
we have received a bill under the work contract in which the Contractor has claimed Vat and service tax as per VAT composition i.e.67.33% vat on material portion and 33.33% service tax on service portion . In the given case how can we apply RCM as a service reciver.
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