New User / Register | Bookmarks | Annual Subscription | Feedback |
Login: Stay
| Forget Password |
           
TMI - Tax Management India. Com  

Recent Discussionss:

interest on partners capital Section 51 of income tax Collection of Interest on delay payment from customer Mistake - Tds deposited in wrong tan stock transfer process Unsecured loan DVT and CST for unregistered dealer Capital goods removed after 10 years EXCISE DUTY Taken Cenvat 50%
 
Discussions Forum
Home Forum Service Tax Month 7 2010 2010 (7) This
← Previous Next →
 

WCT AND Service Tax on Amc - Service Tax

 
Issue Id: - 2066
Dated: -22-07-2010
By:- PONNADA B K RAVIKUMAR
WCT AND Service Tax on Amc
we are paying amc for ups , in that the service provider is charging Wct @ 4% and also service Tax @ 10.3% on the basic amt, can we pay both these taxes on the same amt, or only we have to pay service tax or wct, pls check and confirm
Post Reply
 
Previous Posts


Dated: - 23-07-2010
By: - ANAND SHEMBEKAR
Dear Mr. Ponnada I think you have to pay the both taxes . 01. Service tax under the category of Maintenance or Repairs - however here service provider can charge only for services and not for material used / provided for provision of service. He can take the benefit of notification of 12/2003 S.T. dt 20-06-2003. 02. While providing of services under AMC if the goods are supplied , provided or used say your AMC is inclusive of replacements of parts of UPS or used of distilled water or changing of electrical cables etc. here property of goods has been transferred to you , is the fit case for charging the VAT ( WCT ) . How ever he can charge the VAT ( WCT ) by making bifurcation on invoice itself of Materials and Service Charges and charge VAT on Materials portion. This is my opinion for correct interpretation see related ACTs, Rules, Notifications etc Thanks ANAND SHEMBEKAR CELL NO 9209904370



Dated: - 24-07-2010
By: - jata tiwari
when wct applicable



Dated: - 24-07-2010
By: - jata tiwari
could you pls write when wct applicable & on which portion we would charge wct in single bill

 
 
Previous Next

 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options




Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.