Out door catering
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 July 2013
there is a lot of confusion in (ODC)Out door Catering Services as tally show 40% abatment & notification 26/2012 show 30% please help me what is the actual ratio.Sub clouse no- zzt
06 July 2013
Check if Tally is updated with latest Stat Release. Currently it must show Stat Release 197.
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 July 2013
please cleare me the retio is 70:30 or 60:40
06 July 2013
Both ratio apply to different situation. But in your case, i.e., outdoor catering, 70% is taxable value.
You might have selected incorrect head in tally as 40% abatement is for Supply of food in Restaurant or other premises.
You might have selected incorrect head in tally as 40% abatement is for Supply of food in Restaurant or other premises.
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