I HAVE QUERY
1) ONE REASTAURENT FOR DINNER AND HE IS CHARGING 12% SERVICE TAX NOT STAX/VAT
2)TODAY WE HAVE ORDER FOR 1 KG SWEET FROM NATHU'S HE IS CHARGING 4% TAX
WHAT IS DIFFERENT IN BOTH CASE
THANKS
YOGESH SHARMA (service) (34 Points)
01 July 2008I HAVE QUERY
1) ONE REASTAURENT FOR DINNER AND HE IS CHARGING 12% SERVICE TAX NOT STAX/VAT
2)TODAY WE HAVE ORDER FOR 1 KG SWEET FROM NATHU'S HE IS CHARGING 4% TAX
WHAT IS DIFFERENT IN BOTH CASE
THANKS
nitesh
(ca)
(0 Points)
Replied 01 July 2008
difference is first one is rendering of service , but seccond is supply of goods.
YOGESH SHARMA
(service)
(34 Points)
Replied 01 July 2008
thanks for reply
CAN U EXPLAIN IT .PL.
THANKS
Sanjeev Kumar
(Private)
(895 Points)
Replied 02 July 2008
in 1st case VAT also should be charged. rest is OK
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)