Ap vat on 'handling charges'

   Mr Anil V ,

   Handling charges are not exempt from the total reeipts(not deductible) while calculating the taxable turnover. So, if you collect it along with the invoice issued for vehicles and by way of cheques,you will have to pay tax on it. I know what that handling charges means.It would be better if you entrust it to an agent(or put it that way) and collect it in that form.It is not in the list of taxable services. ST may not be attracted.

MJK