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service tax and vat,both is possible on one item
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Answer Posted / atul nema
NO,As per constitution of India, VAT and Service tax (both)
cannnot be imposed on ONE ITEM.
BUT (A BIG BUT),VAT n SERVICE TAX both are imposing in the
sale of canned Software. THIS IS MERELY SAFEGUARDING OF
SKIN.
AND VAT = State Tax
SERVICE TAX = Central Tax. both have their different levy
power.
| Is This Answer Correct ? | 10 Yes | 14 No |
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