Issue of Service Tax & Vat

[Asked by Guest]

Dear Sir

Kindly advice for service tax & vat

We are Govt Contractor (eligible for Advertising & Construction work)

Kindly advice for bifruction of service tax & vat

How much we have to charge vat & service tax on single bill(Service & Material both used in 1 Bill)

AI Summary

Tax allocation for mixed supply: VAT and service tax apportionment requires account separation or alternative valuation and reverse charge.
Where a single invoice mixes materials and services without separate accounts, VAT applies on a prescribed proportion of the contract value; service tax is payable on the gross value if the recipient is a body corporate, otherwise the reverse charge mechanism may apply. Alternative methods permit taxation on a stated proportion of contract value or bifurcating goods and services value so service tax is charged on the residual service portion.