Please Help: when to charge VAT in restaurent
Posted Date : 08-Aug-2012 , 02:55:25 pm | Posted By CA. Krishnakant Agrawal
in restaurant service tax and vat both are applicable.
so when to charge vat after charging service tax or before service tax?
so when to charge vat after charging service tax or before service tax?
Category : VAT | Answers : 1 | Comments : 2 | Hits : 213
Answers
Answer By: Surendra Kumar Dash
As per my knowledge you have to charge vat before charging service tax.
Comments
CA Prateek Negi
08-Aug-2012 , 11:42:37 pmFirst of all Vat is charged on sale and there will be no TDS on sale. Service tax will be charged on service provided and Tds will be charged on service charged amount. Now came to your question first charge Vat on sale amount then service charge amount and charges service tax on service charged amount and deduct TDS on total amount i.e. (service charge amount + service tax amount).
CA Prateek Negi
08-Aug-2012 , 11:43:25 pmbut i am not 100% sure that i am right but 99% i am sure....