we are in hotel industry. We are registered under AP VAT and Service Tax (Mandap Keepers). On Banquet Billing we need to charge VAT and Service Tax also. with regard to this we are seeking your advise on the below:
1) Do we need to calculate Service Tax on VAT also ? and
19 October 2010
1. YES YOU HAVE TO CALCULATE SERVICE TAX ON WHATEVER AMOUNT YOU RECIVED INCLUDING VAT. 2. NO YOU NEED NOT TO CALCULATE VAT ON SERVICE TAX.
CAclubindia
