Please Help: Service Tax on Service Charge
Posted Date : 04-Feb-2015 , 06:03:16 pm | Posted By: CA Sahil Wadhwa
Category :
Service Tax | Answers :
1|
Comments :
4| Hits: 397
|
|
Kindly let me know what rate to be charged on Service charge charged by Restaurants 12.36% or 4.944% as same on Food Bill |
 |
|
|
Answers:
|
 Answer by: CA Satuti Mahajan |
| 12.36%
|
|
|
| Comments |
| Posted By : Aditya Goel |
19-Feb-2015, 10:03:28 |
| 4.94 % (i.e. 40% of 12.36 %) its assumed that 40% of bill is for food. |
| |
| Posted By : ATIT D. SHAH |
06-Feb-2015, 10:18:14 |
| 4.944%, as there is no full break up of Service Portion (Service charge{as mentioned on invoice} is only part of service Portion chargeable in service tax) |
| |
| Posted By : Adil Malik |
05-Feb-2015, 05:53:47 |
| Service Tax applicable @ 4.944% on total bill amount excluding Vat only |
| |
| Posted By : CA Ashish Aggarwal |
05-Feb-2015, 04:46:10 |
| In this case the service tax would be levied on (cost of food + service charge) @ 4.94 % |
| |
|
|
|
|
