CA Dheeraj Bansal (Chartered Accountant) (652 Points)
06 August 2011Is it possible in case of annual mantainence contract both vat & service tax is leviable.
Eg Contact value 100000
Service tax 10030
Vat 13750
Total value 123780
If not please provide me the notification
m U d I t
(student)
(108 Points)
Replied 06 August 2011
hi
yes it is possible because vat is levied on sale and service tax is on servces.
if in contract, both value of material and labour is seperable then on material amount you should pay vat and on labour amount you should pay service tax.
CA Dheeraj Bansal
(Chartered Accountant)
(652 Points)
Replied 06 August 2011
but there no sale of material his is truely service & levy of service tax & vat amounts to double taxation.
CAclubindia
