Please Help: Service Tax on Service Charge
Posted Date : 04-Feb-2015 , 06:03:16 pm | Posted By CA Sahil Wadhwa
Kindly let me know what rate to be charged on Service charge charged by Restaurants 12.36% or 4.944% as same on Food Bill
Category : Service Tax | Answers : 1 | Comments : 4 | Hits : 324
Answers
Answer By: CA Satuti Mahajan
12.36%
Comments
CA Ashish Aggarwal
05-Feb-2015 , 04:46:10 pmIn this case the service tax would be levied on (cost of food + service charge) @ 4.94 %
Adil Malik
05-Feb-2015 , 05:53:47 pmService Tax applicable @ 4.944% on total bill amount excluding Vat only
ATIT D. SHAH
06-Feb-2015 , 10:18:14 am4.944%, as there is no full break up of Service Portion (Service charge{as mentioned on invoice} is only part of service Portion chargeable in service tax)
Aditya Goel
19-Feb-2015 , 10:03:28 pm4.94 % (i.e. 40% of 12.36 %) its assumed that 40% of bill is for food.