If my company undertakes an AMC (Annual Maintainence Contract)with a Service c

If my company undertakes an AMC (Annual Maintainence
Contract)with a Service company for Photocopiers Machines
it is understood that we will be charged 12.36% of Service
Tax on 70% of Total amount however how much percentage VAT
is applicable on rest of the 30 % of total amount?

Question Posted / meghaastagikar

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If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocop..

Answer / harpreet

5% vat is charged on 80% of total amount

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If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocop..

Answer / megha

Thank you for the Answers!

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If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocop..

Answer / kishan maurya

yes vat is applicable on rest of 30% bcoz total tax
calculate on 100% value you are already charging 70% service
tax

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1 No

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