whether service tax & VAT both can be charged on same product or thing?
Menu
Charging of tax
Replies (1)
Yes, Priyanka. If you examine restaurant bills the providers charge VAT @ 13.5% or 14.5% on basic value and service tax @ 4.94% being 40% using abatement rate.
Thanks,
Recent Topics :
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
Related Topics :
CAclubindia
