20 December 2008
If I undertake a printing activity then are both MVAT and service Tax applicable ? I know that MVAT is applicable ; but if service tax is alos applicable...under what service category is it so ??
20 December 2008
I do not know what MVAT means. Presumably it is a state VAT (Maharashtra?) The answer to the question is, both VAT and Service tax are mutually exclusive. There could be only one on a value. Not both
26 December 2008
If the printing activity amounts to works contract then there is possibility of applicability of local VAT and service tax. The VAT has to be charged on material charges and service tax on labour charges. it can be classified under business auxiliary service as it is not seperately defined in works contract service