The interesting matter for this year's service tax changes are that one of my service provider of composite AMC contract for UPS is charging VAT as per Delhi VAT Act on 80% of bill value and charging Sevice Tax on 70 % of Bill Value .Is it justified?
21 September 2012
Quite interesting. But the courts have held the view that both The service Tax Act (Finance Act) and VAT act are independent of each other as well as constitutionally valid. So the treatment given by the vendor seems to be justified.