banner_ad

Whether vat is charged on service tax also ?

This query is : Resolved 

13 March 2013 Will you please clarify that-
eg.- sale value both service and goods) Rs 1000
service tax @12.36% and vat is @ 12.5%

then on what amount vat is to be charged? on Rs 1000 or 1000+service tax @12.36% ie Rs 1236.

Please give valuable reply....

13 March 2013 Vat is calculated on value + excise duty/ service tax

26 March 2013 in the given case, my understanding is this is the transaction of works contract, were the material and labour are both shown in single bill.

actually vat is chargeble on material value and service tax on labour charge.

Suppose Material+Labour value comes to Rs.1000/-. then you have to segregate it into material and labour. if is not specifically possible, then refer the schedule of service where the % of abatement is given. the common ratio is 60-40. in which the vat is chargeble on 60% of bill value and service tax on 40% of bill value


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details