21 January 2010
Dear Sirs & Friends, Our company had incurred expenses in a 5 star hotel in mumbai, the bill generated by this hotel (Taj) includes Luxury Tax (10.30%) alongwith VAT (12.50%)on the food component. These taxes are not shown seperately but are shown as Total Tax in the bill. My question is can i take vat settoff in my books on the basis of such bill. The bill contains Vat tin no. & Luxury tax no. seperately but both these taxes are included in Total Tax Column what should i do, can i claim 12.5% tax seperately in my books ins such a case. Please help me it's urgent
CAclubindia
