Confusion In S.T

All So plz suggest how we are able to entry by taking the (Basic+VAt+S.T) divided by 1.04 to get the net value of bill or anythings else.

Plz

dear sir

applicable  services tax on services taxable value not included vat because vat &  services tax difference  taxes . you are right to pay services tax on taxable value of services tax . we should   to mention vat and service tax on invoice separately .

Sir,

so who is right here.I think ingram who show the vat extra on Basic as well as S.Tax 10.3% on Basic then toatling the Basci+Vat+Service Tax to comes in to Net value.Redington Invoice is supoose to be incorrect.

Plz.

In this transaction there is in my view no possibility of ST at all. It is a a pure Transfer of Property and therefore only VAT should be payable. The large companies are charging both as a measure fo abundant caution and do not care that there is a difficult situation fro the intermediary.

The practical method ( to solve the problem created by Microsoft/ other big vendors) for the intermediary is also to register, avail the credit and pass on the same to the next stage and so on.

In my view there is no ST on VAT nor any VAT on ST.

What is the calcluation of service tax to builders ?

Dear Pravanjan,

From a calculation perspective, I am of the view that Ingram is charging it right. Service Tax on VAT is not to be charged, as in the case of Redington.

Thanks,

Ganesh.