23 July 2008
One major Raw materail supplier Co.is raising invoices as under: Materail cost xxxx Add: Entry tax @5% xxxx ---- xxxx Add: Transportation xxxx Service Tax 12 .36%on Transportation xxx ----- xxxx ----- Sub Total xxxx Add: VAT @4% on sub total xxx
My query is that, is VAT payment arises on Service Tax element under UP VAT Act.
CAclubindia
