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
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.
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