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works contractor under composition scheme, VAT + CST |
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works contractor under composition scheme |
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When the works contractor is under composition scheme under APVAT Act 2005 if he charged vat tax @ 5% seperately is valid or not? if not valid what is the reason? if valid any case law is available for that? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Dear Sunil, Works Contractor can either charge VAT in lieu of WCT or WCT at applicable rate, alone. But both taxes cannot be charged on the bill issued by the works contractor simultaneously. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) Page: 1 Old Query - New Comments are closed. |
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