If we are service this tempo though XYZ service Center and they charged the Service tax on total value of service and they are also charging Material value which they have replaced from the Tempo.thy have also added VAT 4% + 1% on Material Value
Example:
Service Value : 5000 Service Tax (12.36%) : 618
Material Value : 1000 Vat (4% + 1%( : 50
Total Invoice Value : 6668.00
In this case can we avail the both Service Tax Credit and Input VAT Credit....
CAclubindia
