Application of Service Tax & VAT in works contract
This query is : Resolved
Dhanya Sreedhar
(Querist)
29 December 2010
Sir,
Whether the input tax paid on the materials used for two different jobs can be claimed for as input tax credit under VAT?
My query is relating to a newspaper making industry where the input tax paid on materials (such as ink, paper, ribbon etc) used for printing newspapers (primary) and the same materials when used for printing any other journals (secondary) can be claimed as input tax credit?
Please suggest me any case laws, circulars or notifications relating to this aspect. Also, suggest me a method to differentiate (proportion of the materials)used in the two jobs.
Whether the input tax paid on the materials used for two different jobs can be claimed for as input tax credit under VAT?
My query is relating to a newspaper making industry where the input tax paid on materials (such as ink, paper, ribbon etc) used for printing newspapers (primary) and the same materials when used for printing any other journals (secondary) can be claimed as input tax credit?
Please suggest me any case laws, circulars or notifications relating to this aspect. Also, suggest me a method to differentiate (proportion of the materials)used in the two jobs.
Ajay Mishra
(Expert)
29 December 2010
Following link will help you:
rajkot-icai.org/.../Works%20Contract%20%20Final%20ICAI-Rajkot%2026-062010.ppt
rajkot-icai.org/.../Works%20Contract%20%20Final%20ICAI-Rajkot%2026-062010.ppt
Message likes :
1 times
Dhanya Sreedhar
(Querist)
31 December 2010
thank u sir.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- GST input credit on commercial property
- Gift to nri relatives residing in usa
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
