DVAT Return

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..... Dear Expert, I am filing return of DVTA and CST for a company which is covered under WCT 80:20 .Now in form 2A and 2B what amount I should show ie net 80 or 80 taxable and 20 exempt. Eg. Total .....

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..... Contract value=100 now vat is payable on 80 ie 12.5% of 80 so in form 2B what amount i will show ie 80 or 80 taxable and 20 exempt ? Thanks in Advance - Reply By Pradeep Khatri - The Reply = Sin .....

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..... ce you are opting 20% rebate for services/labour charges as mentioned in the Schedule under DVAT Act under the provision of WCT, then you would have to show the grosss value of the contract minus the .....

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..... value of abatement as mention in the Schedule, it would come out to 80% value of the contract on which you have to pay charge and pay the WCT under the DVAT Act, 2005. - DVAT Return - Query Started .....

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..... By: - Vinod Kumar Dated:- 13-12-2012 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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