LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

Calculation of sevice Tax

priyanka*** (IPCC) (120 Points)

27 December 2010

while calculating Service Tax the total income includes VAT????

Reply
Follow
Share

5 Replies

CA Abhash Mishra (Chartered Accountants) (598 Points)
Replied 27 December 2010

excluding vat

Devendra (Chartered Accountant) (4775 Points)
Replied 27 December 2010

Yes. It should include VAT.

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 28 December 2010

vat and service tax are two different things, however some venues cascade vat and service tax, please mention the service / commodity specifically to discuss the facts clearly.

CA Chirag Haraniya (Chartered Accountant) (902 Points)
Replied 28 December 2010

Service tax is tax on Services so materials and tax on that should be excluded but In case of CAMC it includes VAT on products supplied with AMC (as it is contract of AMC inculsive of materials supplies of any deffect)......