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Discussion > VAT >

Vat payable...?

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B.Com CA Final CS Professional

[ Scorecard : 3319]
Posted On 30 June 2012 at 18:21 Report Abuse

 

Under MVAT   as per the notification dated 09.07.2010, the builders are liable to pay tax @ 1% on agreement value for the agreements after 01.04.2010. Can any one enlightne me about the legal standing before this notification. And wheteher such builders are liable to pay WCT Tax for the earlier period, i.e., before 01.04.2010.

Its very urgent.

Please reply fast



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