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