Interested to Buy Any Domain ? << Click Here >> for more details...
Party had Invoice forward Material & Service combine Bill
raise & Service tax service amount on 10.30% raise so that
it is service tax is right claim yes Or No.i have confused
this invoice, i have TDS deduction and how persentage
Deducted Pl reply
- 2 Answers
- 7657 Views
- Adani, I also Faced
- E-Mail Answers
Answer Posted / finance man
Vat will be charged on amount of material supplied, while
service tax will be charged on the value of service
provided.
Deduction of Tds, for safer side you can deduct on full
value, but argument says and as per law it only can be
decucted on the value of service provided exclusive of
service tax -
hope it will resolve your query.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Explain the procedure to calculate provident fund, esi, vat and sales tax.
1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems
how to generate H-form and procedure for generate?
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)
what about WCT (Work Contract Tax)
In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
