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applicability of VAT, VAT + CST |
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applicability of VAT |
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sir , i would like to know the rule position whether Value Added Tax (VAT) is to be recovered for contingent billls like supply of shamianas for functions ,supply of sound systems,supply of furniture and water drumd etc.If so what is the percentage of VAT to be recovered from the bills. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
On deemed sales, VAT will be charged @ 14%.
Is it a sale of Material or providing shmiana and sound systems as services for event?
If it is service, then instead of VAT, Service tax is applicable @ 10.30%
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