Davison Mathew (Accounatnt) (98 Points)
22 August 2008Hi,
Please advice on applicability of service tax on outdoor catering service provided to compnies, on what percentage service tax is to be charged, chargeability of VAT on it (whether on total cost or on cost of materialonly).
very urgent...please.
Thanks & regards
Davison Mathew
Hi,
Kindly advice to us the following question reg TDS deduction for Catering / Canteen Services,
We appointed on indoor cateen peoples under catering contracts basis, we need tds / services tax rates as applicable norms, what are the procedure to deduct or pay to the party
With Regards
R.Saravanan
Brijesh Upadhyay
(Practicing Chartered Accountan)
(31 Points)
Replied 01 September 2008
| Originally posted by :Davison Mathew | ||
| " | Hi, Please advice on applicability of service tax on outdoor catering service provided to compnies, on what percentage service tax is to be charged, chargeability of VAT on it (whether on total cost or on cost of materialonly). very urgent...please. Thanks & regards Davison Mathew |
" |
Service tax is applicable after taking abatement of 50% of gross value charged as perNoti. 1/2006-dated 1-3-2006.
So far as vat issue is concerned, vat is also required to pay as sale includes supply of food for human consumption as per Sec.2(23)(h). Exact rate is not specified so it falls in 12.5% but one can take benefit of lumpsum scheme u/s 14
CA Nitin Wadhwani
(Chartered Accountant)
(4469 Points)
Replied 08 September 2008
Vat = 1.50% Of Turnover.
piyush bajla
(Professional)
(20 Points)
Replied 29 November 2008
| Originally posted by :Guest | ||
| " | Hi, Kindly advice to us the following question reg TDS deduction for Catering / Canteen Services, We appointed on indoor cateen peoples under catering contracts basis, we need tds / services tax rates as applicable norms, what are the procedure to deduct or pay to the party With Regards R.Saravanan |
" |
| Originally posted by :Davison Mathew | ||
| " | Hi, Please advice on applicability of service tax on outdoor catering service provided to compnies, on what percentage service tax is to be charged, chargeability of VAT on it (whether on total cost or on cost of materialonly). very urgent...please. Thanks & regards Davison Mathew |
" |
SARMA
(PROFESSIONAL)
(32 Points)
Replied 24 September 2009
Hai All
Please Give your Valuable Reply For My Query Regarding VAT,ST&TDS On Catering Srvice.
Our Company is Providing Food&Snacks to our Employees for Rs/- 400 p.m for each employes and if any consumed more than Rs.400/- p.m. it will be collected from employee through salary under employee contribution and paying to Caterer.
My Query is If Bill Amount is, for Ex: Rs.1,00,000/- and Empoyer Contribution is Rs70,000/- and Employee Contribution is Rs.30,000/-,
1)What is the Service TAx amount (Please mention %) ?
2)What is the VAT amount (Please mention %) ?
3)How Much TDS to be Collect under which sec. and % ?
Please give Reply
It is Very Urgent
Waiting for valuable Replies....
gaurav
(30000000)
(25 Points)
Replied 28 November 2009
Hi,
Please advice on applicability of service tax on outdoor catering service provided to compnies, on what percentage service tax is to be charged, chargeability of VAT on it (whether on total cost or on cost of materialonly).
very urgent...please.
Thanks & regards
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