Rate of service tax on liquor serving restaurants

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2014 what is the rate of service tax on ac restaurants having license to serve liquor?
Is there ant change with effect from 1st april 2012?
Plz reply faster

Sumit Grover

Sumit Grover (Expert)
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11 January 2014 Yes, the taxable value has been changed to 40%(from 30% earlier),refer rule 2C, as amended vide notification no. 24/2012-ST

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2014 kindly help me in resolving the below mentioned situation:
An ac restaurant has license to serve liquor and it has sold the followings:-
Drinks amount :- 1500
Food amount :- 250
Discount given :- 100
The vat rate applicable on drinks is 13.5% & on food is 14.5%. Kindly help in calculating service tax and vat in this case.

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