InterviewSolution
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What Will Be The Effective Rate Of Service Tax In Case Of Ac Restaurant Services And Outdoor Catering Services? |
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Answer» The KKC would be CALCULATED in similar manner on AC Restaurant Services and Outdoor catering services as calculated for Works CONTRACT service . As PER Rule 2C of the Service Tax VALUATION Rules, KKC needs to be applied along with Service tax and SBC on specified PORTION. Therefore, the effective rate of Service tax after KKC would be as under:
The KKC would be calculated in similar manner on AC Restaurant Services and Outdoor catering services as calculated for Works Contract service . As per Rule 2C of the Service Tax Valuation Rules, KKC needs to be applied along with Service tax and SBC on specified portion. Therefore, the effective rate of Service tax after KKC would be as under: |
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