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Restaurent services

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(Querist)
09 January 2014 Dear sir,


A restaurent(air-conditional)
providing taxable services

food & beverages services- Rs. 1000

Services charge 10% on 1000= Rs 100

Vat 14%(as per state)-
services tax - 12.36%

Can i calculate the services tax as under
Gorss services = 1100
VAT = 1100*14% =154
services tax = 1100*4.944% =54.38

total bill values = 1308.38

Is it correct? or not if not kindly solve the problem?
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
10 January 2014 Yes it is correct....mjk

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