HI FRENDS, PLS TELL ME IN THE CASE OF THE RESTAURANTS AND HOTELS ON WHICH ITEMS VAT IS CHARGED AND ON WHICH AMT SERVICE TAX IS CHARGED. I AM TALKING ABOUT PUNJAB VAT ACT.
2 Replies
Amir
(Learner)
(4016 Points)
Replied 30 December 2009
AS FOR AS MY UNDERSTANDING goes, VAT is Charged on Food Supplies
AND
Service Tax is recovered on Room Rents.
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 30 December 2009
As you know VAT is a state trax and not centralised tax.....so there are items which are taxed in one state and not in another....so its better if u can mention the state
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