Vat applicable
This query is : Resolved
20 July 2015
dear expert,
kindly resolve
we have taken AMC for UPS-The company is charging 5% vat on 60,000/- i.e 3000/- of AMC and Service tax @ 14 % on 70% basic of 60,000/- please explian how he will charge both vat& service tax on AMC
Ramana Rao Poruri
kindly resolve
we have taken AMC for UPS-The company is charging 5% vat on 60,000/- i.e 3000/- of AMC and Service tax @ 14 % on 70% basic of 60,000/- please explian how he will charge both vat& service tax on AMC
Ramana Rao Poruri
20 July 2015
AMC is basically a Works Contract. That is, it contains both service and goods.
So, both Service Tax and VAT is applicable.
The supplier is correct.
So, both Service Tax and VAT is applicable.
The supplier is correct.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
