A Company had done a Erection, Painting and Sheeting Work. It had paid Service Tax as well as VAT on the Gross Value (without any break up of Supply of Goods & Supply of Services). What can be the Various Implications of such Payment?
06 December 2010
Dear Mr.Surya would you please elaborate your question a little bit and also mention the name of state in which VAT is applicable for the company
06 December 2010
The VAT applicable is Andhra Pradesh VAT. It had opted composition scheme but it had paid Service Tax as well as VAT on the Entire Sale Value. Example:- Painting Work. The Value of Work done say it Rs 100/-. It had paid 10.3 percent service Tax as well as 4 percent VAT on entire 100 without any Break up.
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