Subject: Amazing - SERVICE TAX To:
SERVICE TAX - VERY INFORMATIVE ------------------------------ *Damned good. And we have been blindly paying up. No end to skulduggery. * *Am not too sure, but thought i'd share this......* SERVICE TAX - VERY INFORMATIVE About Service Tax..... how the restaurants loot your money ... Be aware *Ramanathan Hariharan updated his status: "Surprisingly after reading about* *the "Service Tax", I strongly decided to share this information with * *everyone. * * * *This happened at the restaurant. Let me explain.* * * *We had been to several restaurants recently. I observed that "service tax" has been mis-used and charged to the customers like you and me. * * * *Let me give an example. * * * *Food and Beverage = Rs. 1000.00* *Service Charges @ 10% = Rs. 100.00 (10% on the Food and beverage amount) * *Service Tax @ 4.94% = Rs. 54.34 (4.94% on F&B + Service Charges) * *VAT @14.5% = Rs. 145.00 * *Total = Rs. 1299.34 * * * *As per the definition - "Service Tax can be charged only for the services provided to the customer". * * * *Now, see what is happening here in the above said example. * * * *Service Tax should be charged only on the Service Charges amount i.e Rs.100 and not on the entire amount (1000+100). * * * *In this example, the customer should be charged only Rs 4.94, whereas he has been charged * *Rs. 49.00 extra. * * * *Where does this money go? Only the restaurant owner and the chartered accountants who work for them know. * * * *·* *So, I have started asking them the questions - and surprised to see the reactions from the famous restaurants. Either they say: Sir we cannot change the format of the bill - so , we will recalculate and tell you the revised amount. You may pay only that. * * * *·* *Sir, you do not need to pay the Service Tax amount itself.* * * *I now have 3 to 4 restaurant bills, for which I have paid **only**the service tax - on the service charges and not on the total amount. * * * *Every bill must carry the TIN number and Service Tax Number, if they charge it. So, I ask for the Service tax number if it is not available in the receipt that they provide. * *_______________________* *We cannot go to any government official and ask them to get this right - because of our system. * * * *Please remember - we cannot change any political leader - but we can change ourselves. If we change ourselves - things will change. * * * *Please do share this with every one of your friends and known people. * * * *Ask for the right tax calculation and pay only the tax which is supposed to be paid. Verify every bills and receipts that you make payment on. * *** -- R Shanbhag “Raj” Abu Dhabi, UAE -- You received this message because you are subscribed to the Google Groups "BETTER PERSONALITY GROUP" group. To post to this group, send email to better_personality@googlegroups.com. To unsubscribe from this group, send email to better_personality+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/better_personality?hl=en.