Wef 01.09.2009, service tax and VAT both are charged on licenses. Should the VAT be calculated only on the license amount or on the sum of license and service tax? For ex., if the license amount is Rs.100, ST is Rs. 10.3, should the VAT be charged on Rs.100 or Rs. 110.3?
3 Replies
MITU....
(ARTICLE Assistant)
(210 Points)
Replied 30 November 2009
VAT SHOULD NOT BE CHARGED ON SERVICE TAX
IN UR CASE VAT WOULD BE CHARGED ON RS 100/-
Akshatha.A.S
(Practicing CA)
(58 Points)
Replied 01 December 2009
Can you please send me the notification number?
MITU....
(ARTICLE Assistant)
(210 Points)
Replied 01 December 2009
hey i donot know circular number but the case which arises is only in works contract u may go to www.mahavat.gov.in & get the details
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