Bhaskar Ghose (Founder & Director) (48 Points)
29 November 2016I own a private limited company. For renovation work, I have to give work contract to a provider. Please let me know if there is any taxation obligation i.e. which I have to directly deposit the amount to Government's account? Like VAT, STAX etc. Please advice.
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Bhaskar Ghose
(Founder & Director)
(48 Points)
Replied 30 November 2016
Thanks for your reply.
My private limited company is in Delhi and contractor is also from Delhi. The total estimated cost for the Interior Work is 6 Lacs.
a) If his turnover > 10 lacs then how much service tax I have to deposit on govt account?
b) If his turnover <= 10 lacs then how much service tax I have to deposit on govt account?
c) Should I need to deposit any VAT or VAT related declaration/challan on govt account directly or my company needs to be VAT compliance?
I am just wanting to know as a director of a private limited company what is my part of obligations towards government.
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Bhaskar Ghose
(Founder & Director)
(48 Points)
Replied 30 November 2016
Anything I have to do with VAT?
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Bhaskar Ghose
(Founder & Director)
(48 Points)
Replied 30 November 2016
So my IT company does not required a VAT registration number for VAT kinda declaration to Government?
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Bhaskar Ghose
(Founder & Director)
(48 Points)
Replied 30 November 2016
I am in Software Services Exporter....
So does my company requires VAT registration no for Interior Work Contract given to an Indian Individual Contractor?
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
Abhishek
(Student CA IPC / IPCC)
(143 Points)
Replied 30 November 2016
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