TaxTMI 
TaxTMI 
Calculation of service tax and vat
X X X X Extracts X X X X
X X X X Extracts X X X X
....alculation of service tax and vat<br> Query (Issue) Started By: - ATUL Dated:- 25-8-2008 Last Reply Date:- 16-9-2008 Service Tax<br>Got 3 Replies<br>Service Tax<br>I am running a restaurant. I am cha....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rging VAT 12.5% on sale of food. but I am not charging VAT on service charges provided by us. For example: I am suppling food of Rs.2496.00. charge VAT 12.5% on Rs.2496.00 is Rs.312.00. I am also char....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ging 10% service charges on Rs.2496.00 is Rs.249.6 . On what amount I should charge the VAT on Rs.2496.00 or Rs.2496+249.6. What is correct? Reply By t.sundaram: The Reply: You have to calculate the ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tax on the entire amount , which includes service tax Reply By V Ramanujam: The Reply: I am of the view that your activity would only attract VAT and not service tax. VAT should be calculated on the e....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ntire amount including service charges component charged as it would also form part of price of the food supplied. Reply By P Bujji Babu: The Reply: Only VAT is levied @12.5%<br> Discussion Forum - Kn....
X X X X Extracts X X X X
X X X X Extracts X X X X
....owledge Sharing ....