Urgent :Service Tax and VAT

709 views 3 replies

I am selling Softwares....

on of my bill is Invoiced as

Basic Amount                     100

VAT @ 4%                         4

Service Tax (104*10.30%)   10.712 

Total:                                 114.712

My question is whether service tax calculated is correct or it should have been charged only on 100 .i.e 10.30 only and not10.712

 

Please Provide reliable answer.

And answer if you are 101% sure

Replies (3)

service tax is not chargeable on VAT/Sales Tax component. It is mutualy exclusive.

Thank you Very much Sir

Service tax act says service tax should not charge on cost of good so you have to bifurcate or you should raise separate invoice for both service tax and vat….

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details