Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Dear Sir/madam,

Is this possible that Service Tax and VAT on a similar item
at a time?

Answer Posted / s s vinothkumar

Its possible to impose VAT & Service tax on same "item" for
example, Idly sales in hotel having AC facility. Idly is
material - so sales & serving on table is service - so
service. So On sale of food articles etc., both VAT &
Service Tax will be applicable. Like wise construction of
building - Supply of Material by steel, cement etc and
service by labour. However, on same "value" both is not
applicable. For example, in case of construction of building
having Rs.10 lac contract value, on Rs. 6.7 lacs VAT will be
levied. And on balance Rs. 3.3 lacs Service Tax will be levied.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?

2132


I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.

1961


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

2224


assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose

1605


what is reverse credit & how it is calculated in vat law in west bengal?

8995


what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it

2264


is there any necessity to file TDS to purchase a thing even ater paying vat

2058


DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?

2262


If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion

1867


Are woollen Blankets (Rugs) taxable under CST ? Can unregistered party sell it.

1995


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

2013


a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?

3960


What are the types of provident funds?

1182


What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2441


What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1943