IN CASE OF COMPREHENSIVE AMC FOR PHOTOCOPIER MACHINES ETC., WHETHER SERVICE TAX AND VAT BOTH ARE APPLICABLE (IN MAHARASHTRA) ON FULL VALUE OF CONTRACT ? OR ANY EXEMPTIONS I.E CERTAIN PERCENT VAT /SERVICE TAX APPLICABLE? PL. CLARIFY WITH AUTHORITY
Menu
Query
Replies (1)
As per my opinion, Comprehensive AMC is a typr of Job Work i.e. a typr of service. In that case only service tax may be charged on the same. The spares used during AMC is for maintenance and the same may be billed under VAT Act. So in your case, u have to raise two type of invoices i.e. under VAT Act for spares part and Under Central excise and coustom Act for AMC.
Regards,
Nitil Kr. Agrawala
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
