Is Luxury tax applicable in addition to ser Tax

This query is : Resolved

M Gokarn (Querist)
Follow

25 July 2011 We are in business of Service Appt. We are charging Service Tax to our customers @ 10.3% at present for bills above Rs. 1000/- we pay the collected Ser Tax at the end of the month. Is it O.k. as per the rules.

Is luxury tax applicable to us ? and above what amt. of billing it is to be charged & at what %.
Thanks in anticipation
Mamta

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

26 July 2011 Pl get an expert opinion on luxury tax with your local VAT consultant.
Service tax is applicable @10.3 % on 50% of the accomodation as long as you do not avail any input services / other credits.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA. Urmila Mahalwal

Dalbir Singh Wadhera

Rajesh

RAGHUNATH KASIBHOTLA

SARAVANAN PALANISAMY

Subscribe Now

Is Luxury tax applicable in addition to ser Tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

CA Final

GST CONSULTANT

Article Assistant

GST CONSULTANCY