Service tax and vat on single works contract.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2015
whether a service provider in Works Contract can charge Service Tax on 70% value of Works Contract and VAT on 70% value of Works Contract simultaneously. Which means he is charging Tax on 140% value of Works Contract. Kindly confirm is it correct under Tax laws
CA Vijaykumar Gutte
(Expert)
27 February 2015
It is Correct, it depends upon the state.
ST comes under Central Govt and VAT under State, both govt have right to charge tax as decided by them, in many cases it happens double tax on single source.
ST comes under Central Govt and VAT under State, both govt have right to charge tax as decided by them, in many cases it happens double tax on single source.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
