TMI BlogChargiability of service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... my client is providng outdoor catering service. he has been availing 50% abatement under notf. no.1/2006. Now receipient of service willing to change the contract/agreement bifurcating the cost of foo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d/meal say Rs. 45 and service element say Rs. 5/- per meal/food/lunch. In that case, we have to charge service tax only on Rs.5 @12.36%. Heitherto we had to charge 50% of gross ( Rs.50/-)=25*12.36%. I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s the agreement valid ? and can he do so? - Reply By V Ramanujam - The Reply = In my view, to claim abatement under notn 1/06 , total value including charges for food should be taken into account. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... In case break-up can made between sale of food and service portions and separate bill for food is raised, then sale value of food items can be claimed as exempt under Notn 12/2003 and service tax is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be paid on the entire service portion without any abatement and with the benefit of CENVAT credit of input/input services. - Reply By Madhukar N Hiregange - The Reply = Yes under notifcation 12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /2003 the deductionis available for the valuie of goods sold. Is the VAT being paid onthe food portion. If so then there cannot be any issue. - Chargiability of service tax - Query Started By: - CA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . OM PRAKASH Dated:- 9-2-2008 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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