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if we purchase tangible material on the basis of Vat @12.5%
and we are service industry, than can we make the invoice on
that material on the basis of Service Tax @ 12.36% with
Management Fee?
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Answer Posted / suraj prasad savita
Yes
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We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.
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