Dear sir, mu question is that can one lunch (Tiffin)
provider person mention both vat or service tax on his
bill. pls. give me answer. EXPLAIN BRIEFLY.



Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service t..

Answer / Prem Prakash Kumar

Yes, a lunch provider can include both VAT (Value Added Tax) and Service Tax on their bill. In India, the current service tax is 18% and VAT rates vary by state. The lunch provider calculates the taxes based on the cost of food and services provided and includes them in the bill.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

What are the new TDS rates for Contractor and Sub Contractor for the F.Y.2009-10

2 Answers  


kripya form f ke bare me bataye, aur eska entry kaise karna tally me ye baataye

2 Answers  


What are the items are the purpose of calculating taxable? - Excise duty - Fine & penalty - Loss on sale fixed assets - Depreciation on fixed assets

3 Answers   OPI Global,


#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY

1 Answers  


What is difference between PAN No and TAN No

13 Answers   FedEx, PM Enterprises,


How is income tax calculated?

1 Answers  


What is TDS ?

2 Answers  


What is the basic reason behind not using anyother depreciation rates Means Why can't we use any rates lesser than applicable rates?

2 Answers  


What is meant by asset clearance . how should i make my entries in tally

1 Answers  


agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai

1 Answers  


what is meant by MIS reporting?

2 Answers  


what is the full rate of cst/vat of building material ?

1 Answers   Penam Laboratories,


Categories