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Invoice

This query is : Resolved 
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Guest

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Guest (Querist)
07 September 2011 Sir,

Pls explain one purchase bill contains excise duty, service tax, vat is it acceptable or not.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
26 September 2011 Sale Price Rs. 1,00,000
ED @ 10% Rs. 10,000
EC @ 2% Rs. 200
SHEC @ 1% Rs. 100
CST @ 2% Rs. 2,206
TOTAL RS. 1,12,506

Excise & service tax cannot be levied simultaneously.
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