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service tax and vat

Service Tax - Started By: - Dharmender Kumar - Dated:- 25-7-2016 Last Replied Date:- 2-8-2016 - Sir,I have received a tax invoice from a party. the invoice related to supply and installation of Quick Heal Antivirus. The bill date is 21 April 2016 and .....

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irus = ₹ 72,000/- Service Tax14.5%= Rs.10,440/- Vat Output 5% (Sale)= ₹ 3,600/- Departmental Charges (0.25%)=Rs. 180/-So please help me and suggest me the above mentioned tax calculation are correct or not as per point of taxation and Law .....

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s to be wrong. VAT has to be charged on supply portion while service tax has to be charged on Service portion. It is a composite contract, then, you may opt either for a composition scheme, or vat can be charged after specified deduction under the re .....

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ers it as Intellectual Property Service and VAT is applicable as State treats it as Transfer of Right to Use. Hence both is applicable on software service. Secondly, the valuation rule does not specifically provides for any per cent age or rate in or .....

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