Reaustrant service


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 June 2014 WHAT IS THE RATE OF SERVICE TAX AND VAT ON REASTURANT SERVICE , IS THERE ANY ABATEMENT IN THIS SERVICE ?

30 June 2014 1. As of now, Service Tax is 4.944%
2. VAT regular rate of tax is 14.50%
3. However, recent High Court Decision, advised that the VAT should be charged on the balance of 60% of the turnover. No circular/notification not able to see.

01 July 2014 service tax is 4.944% but vat applicable according to the state vat rate.


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2014 What will be in punjab



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