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Composition Scheme under UP VAT Act, VAT + CST |
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Composition Scheme under UP VAT Act |
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What is the rate of Out put tax when the contractor opted for Composition under UP Vat Act Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Dear Meil, Composition Scheme:-Specified for Small Traders -5 to 50 Lakhs at the rate of VAT 1 percent . Team YAGAY & SUN (Indirect Tax Consultants)
whether the rate is same for works contractor also
Dear Meil, No rate of tax would be different from the rate under the composition scheme under UP VAT Act,2008 depending on the nature of goods involved in execution of works contract. Regards, Team YAGAY & SUN (Indirect Tax Consultants) Page: 1 Old Query - New Comments are closed. |
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