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TMI BlogEffective Rate of Tax on Certain Works Contract Activities Reduced under the Delhi VAT Act with effect from 20.09.2013X X X X Extracts X X X X X X X X Extracts X X X X ..... Effective Rate of Tax on Certain Works Contract Activities Reduced under the Delhi VAT Act with effect from 20.09.2013 X X X X Extracts X X X X X X X X Extracts X X X X ..... of taxable turnover in works contracts: Where amount of labour, services and other like charges is not ascertainable from the books of accounts of the dealer (being works contractor) or where he fails to produce documentary evidence in support of such charges, the amount of such charges shall be calculated on the basis of percentages specified in the Table given in Rule 3(2) of the Delhi VAT Rule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s. The Government has amended the said Table with effect from 20.09.2013 and standard percentage of certain activities has been increased (and thus effective rate of VAT has been decreased , if claiming labour & services on percentage basis), as under: Sl. No. of Table Nature of Activities Percentage ofLabour & Services Effective Rate of DVAT Up to 19.9.2013 From 20.9.2013 Up to 20.9.20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 13 From 20.9.2013 (A) (B) (C) (D) (E) (F) 20 Book‐binding 20% 50% 10% 6.25% 21 Textile processing such as dying, fabrication, tailoring, embroidery and other similar activities where textile is supplied by the contractee 20% 50% 10% 6.25% 22 Electro plating, electro galvanizing, anodizing, powder coating and other similar activities 20% 50% 10% 6.25% 23 Re‐t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reading of old tyres
20%
40%
10%
7.5%
Note: Effective DVAT rate has been calculated as:‐ 12.5 * [100 (-) C or D] % .
Applicable rate of works contract (other than printing works contract) in Delhi VAT is 12.5%.
(Rakesh Garg) X X X X Extracts X X X X X X X X Extracts X X X X
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