Can VAT and Service Tax charged on Same amount.



Can VAT and Service Tax charged on Same amount...

Answer / r.r.jagadeesan

VAT is charged for sales or purchases from unregistered dealers. Services Tax is charged for the services rendered. The VAT and Service Tax will not be charged on the same turnover.

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Taxation Interview Questions

WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL

2 Answers  


Advance given to wife for buying a property ; tax treatment?

2 Answers  


What is the vat percentage for construction company

2 Answers  


I want PTR Number and I am working professionaly related documents i have but officer asked me to bring any business commencement proof. here,I have no business? so what proof i will give to him.

0 Answers  


We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?

1 Answers  






What is the form H in case of sale to export? what is the sale against form "H"?

2 Answers   Delta,


is there any specific percentage related to lower tax deduction under tds

0 Answers  


From when is the increased excise duty @2% applicalbe, is it from day it was announced or from 1st April 2010 .

1 Answers  


how we calculate the tds on salary.

0 Answers  


Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

0 Answers  


Dear sir, Please explain, Suppose I am not adjusted entire year the Input Tax Credit for sales tax related. Sales tax authority will return back the ITC Amount suppose not claiming not adjusted, it is possible or other wise that amount shall I carry forward next year?

1 Answers  


any change in service tax rate 10.3%?

4 Answers  


Categories