Please tell me Vat on what amount of a restaurant bill(Food + service charge or only on food) and at what rate should be charged. Restaurant is gurgaon based.
VAT Need to be Charged on Food Bill + Service Charges if Any. But Excludes Service Tax Amount.
rate is Not Fix: Since It Depends Vary State by State, Some State Have Limit of 50 Lacs in Composite Scheme, Where They Will Charge Only 2% Amount, If They Fall Under register Dealer Then They Will Charge 13.5%/14.5% What ever the Case may be.
CAclubindia
