16 December 2013
there is nothing called ratio but u need to apply specific rates eg for service tax u need to apply 12.36% incld cess.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
16 December 2013
Please solve it--If a car accident and it came for service in XYZ company, company provides service as per detail:
Labour & service: Denting & painting=3200, Petrol/Diesel=1200
Labour & services include petrol and paint cost on which vat is applicable, so total amount of labour and service include both service tax and vat, so please define the what percentage of service tax and vat charged on total amount of labour and service.
CAclubindia
