service tax and vat,both is possible on one item
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Answer / pranjal
Yes ,It can be possible in one item
Because VAT will be levied on goods and Service tax will
be levied on providing any kind of service.
Here we can see one example,
like,if there is any service station for two or four
wheelers, Mr.A come to wash their four Wheeler at the same
time he purchase mirror or any other accessories from that
service station the bill will be prepare with VAT and
Service Tax.
To wash the car = Service Tax
To purchase any Accessories = VAT
| Is This Answer Correct ? | 90 Yes | 17 No |
Answer / srikant barick
yes if item repair/jobwork by workshop which item new add
with job repair then, sales tax charges on 70% of full
basic amount of invoice & service tax charge on 30% of full
basic amount of invoice (if sale item is not calculate
separately)
yes if item service by workshop which new spare part add
in job repair then, sales tax charges on only spare parts
amount & service tax charge on service amount.
| Is This Answer Correct ? | 21 Yes | 7 No |
Answer / anumani
when both service tax and vat levied on a single item its called composite scheme of tax payment
for example :
if we go to any restaurants we will buy food. on that vat will be levied,we will go not only for food we will get some services from hotel staff on that it will levies service tax so as per the rules it should be proportionate
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / narsingh
As you are aware, service Tax and VAT can not be imposed on single situation. Firstly, please take example of Mr. Ashutosh. If AMC amount includes value of software, Service Tax will be applicable because AMC services can't provided without software. Secondly, as asked by Mr. Shrikant, if the service provider repair the vehicle and service your vehicle without any part and part sold by them seperately then only service tax will applicable on servicing and Vat on spares. But when he used lubricants etc or replace parts during servicing and he can not provide Services without parts / lubricants then service tax will be applicable on entire amount received inclusive of value of Spares etc.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / vijayaraghavan
YES IS POSSIBLE BECAUSE ONE GOODS TWO TYPES OF TAX INCLUDED
THE GOVT.
EXAMPLE; BUY ONE NEW COMPUTER
INCLUDED THE SERVICE TAX AND VAT
| Is This Answer Correct ? | 23 Yes | 22 No |
Answer / atul nema
NO,As per constitution of India, VAT and Service tax (both)
cannnot be imposed on ONE ITEM.
BUT (A BIG BUT),VAT n SERVICE TAX both are imposing in the
sale of canned Software. THIS IS MERELY SAFEGUARDING OF
SKIN.
AND VAT = State Tax
SERVICE TAX = Central Tax. both have their different levy
power.
| Is This Answer Correct ? | 10 Yes | 14 No |
Answer / sharique
actually i want to ask a question to Pranjal.
Well pranjal as u told that both service tax & VAT can be
levied on same items but as i understand service tax can be
levied on services rendered to u & VAT will be charged for
sale to u..my question is that i went for car wash..washing
charges is Rs.500(Assume).
i purchased a mirror for Rs. 200/=
So VAT will be charged on Rs. 200 & Service Tax will be
Charged on Rs. 500/=
so u want to say this only or u r saying that VAT & Service
tax both will be levied on Rs. 700/=
| Is This Answer Correct ? | 10 Yes | 15 No |
Answer / ashutosh jha
hi
i am also facing this problem.i am auditing baba zarda
noida.company have a contract to a software maintenance co
for AMC. for this company raised a bill on BABA as follow:
Bill Amount Rs. 30896
S. tax @103%on 30896 Rs. 3183
VAT @10.8% on 30896 Rs. 3337
-----------
total Rs. 37416
is this calculation is correct?
i think it should be proportionate.
| Is This Answer Correct ? | 15 Yes | 29 No |
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