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Service tax on vat

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(Querist)
17 August 2009 SIR I WOULD LIKE TO KNOW REGARDING AS-16 IS BORROWING COST APPLICABLE ON INVESTMENT?
IT MEANS IF I HAVE A BUILDING IN INVESTMENT SCHEDULE THAN CAN I APPLY AS-16? AND CAN I INCLUDE INTEREST ON LOAN AMOUNT IN THE INVESTMENT SCHEDULE?


pls sir reply as soon as possible
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(Querist)
17 August 2009 Is the Vat Liable on Service tax ...?

In Invoce we charge Vat as below

Amount 10,000
Excise 800
Edu.cess 16
H.Edu cess 8
Fright 500
2.5 % service
tax 13
2% edu cess 0.26
Vat @ 4% (?)

here is vat should be on amount11337.26 ...?
i.e is vat leavyable on service tax ....?
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CA. Amit Daga

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CA. Amit Daga (Expert)
18 August 2009 no in case of investment u cant
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