works contract

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Sreenivas (Querist)
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26 September 2008 Dear Sir,
Please provide me works contract gazzete copy or where should i collect the details about the works contract.Its under VAT - Works Contract - in Karnataka State

Taxguy

Taxguy (Expert)
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26 September 2008 Under which Act Service Tax or VAT and for which state. What copy you want Act, Rules, amendments.

Sreenivas

Sreenivas (Querist)
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29 September 2008 Please give me work contract under Karnataka VAT Acts, is there any rules, act, give me the details

VASANTH D JAGANATH

VASANTH D JAGANATH (Expert)
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29 September 2008 section 4 (1)(c) of the KVAT Act, 2003 deals with levy of tax on works contract.

Schedule - VI referes to the nature of works contract where the rate of tax has been prescribed.

Rule 3 deals with determination of total and taxable turnover.

Section 7 deals with time of sale

Rule 29(2) delas with issue of tax invocie in case of civil works contractor

section 15 deals with composition of tax