Home Forum VAT + CST Month 7 2009 2009 (7) This
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Claim of Input credit and vat liability - VAT CSTExtract A is the principal Contractor who has sub-contracted the work to B , a sub-contractor. A will discharge all liabilities relating to VAT and shall give Form 409 to B who shall be responsible for carrying out the Works Contract. The entire amount of material is to be supplied by A . Contract Value for A : Rs. 100 Contract Value for B : Rs. 90 Place of work : Maharashtra B sub-lets the work order obtained from A to C (the company) at a total contract value of Rs. 80. As per as per our understanding, C is not an assessable entity for VAT purposes as It is not transferring any goods under Works Contract. C further sub-lets the entire work order to D at a value of Rs. 70. Please elaborate the WCT/VAT/Service Tax provisions in relation to C .Is there any provision in service tax where if the principal contractor discharges his liability of service taxthen the sub contractors down the chain do not have to charge service tax ,claim input credit and then adjust their liability against the cenvat available Thanks Regards Regards Ashish Verma Addl G.M.(Taxation) s discussed the querry is being sent to you.Please clarify at the earliest. Thanks Regards Regards Ashish Verma Addl G.M.(Taxation) Parsvnath Developers Ltd Parsvnath Metro Tower Shahdara Mobile no. 9910066045
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