12 September 2011
I have noticed that one of the restaurnt in Patna charges Service charges a part from service tax and VAT on their total Bill value for booking a banquet for lunch,Kindly view your points on the same, Bill details are as follow.
(conference wid spl lunch @ Rs.550.00 for 43 person)
Rs.550.00*43 = 23650.00 Servc chrg@5% = 1182.50 --------- Total 24832.50 VAT@13.5% = 3352.39 Servc TAX@6.18% = 1461.57 --------- Total 29646.46
19 October 2011
SERVICE CHARGE IS AN AMOUNT COLLECTED NORMALLY AS TIP TO EMPLOYEES AND IS A COMMON PRACTICE WIDELY IN THE INDUSTRY. AND THE TAXATION STRUCTURE IS CORRECT AS FAR AS THE BANQUET BILLING IS CONCERNED. BANQUET SERCIVE COVERED UNDER CONVENTION SEVICE/ MANDAP KEEPER SERVICE
CAclubindia
