Tcs case
This query is : Resolved
10 May 2013
Dear Expert,
We have recd a bill from TCS, where TCS has charged the Service tax and VAT on basis value,
I heard that there is case of supreme Court, therefore TCS has charged the Service tax as well as vat on Basic value
I dont understand how they considred the one value of goods as well as service.
bill as follow:-
Basic :- 100/-
VAT:- 12.5/-
Service tax :- - 12.36/-
Gross :- 124.86/-
could you please provide the case
regards
Nilesh
We have recd a bill from TCS, where TCS has charged the Service tax and VAT on basis value,
I heard that there is case of supreme Court, therefore TCS has charged the Service tax as well as vat on Basic value
I dont understand how they considred the one value of goods as well as service.
bill as follow:-
Basic :- 100/-
VAT:- 12.5/-
Service tax :- - 12.36/-
Gross :- 124.86/-
could you please provide the case
regards
Nilesh
10 May 2013
Only one tax will be payable in this transaction.
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