If L&T RMC sells RMC to a Developer, who is selling the structure (no separate billing for various components), is the Developer eligible to claim input tax credit?
We were told this is possible, but have recently received inputs saying it is not possible.
We are looking at the following states - WB, Maharashtra, Rajasthan, AP, TN, Punjab, Goa
If L&T RMC sells RMC to a Contractor, who is doing item-wise billing (separate billing for RMC, bricks, labour, etc.) with his customer, is the contractor eligible to claim input tax credit?
We were told this is possible, but have recently received inputs saying it is not possible.
We are looking at the following states - WB, Maharashtra, Rajasthan, AP, TN, Punjab, Goa
Please explain me cammon inputs to claim input credit under apvat
What is the conditions to charge Work Contract Tax (W.C.T.)?
If Company is liable to pay Service Tax @ 2 % under 'The Works Contract (Composition Scheme for payment of Service Tax) Rules, 2007'
Whether Company also liable to pay WCT ?
Can some one provide me the details of provisions under VAT Act of any state other than Assam, regarding submission of billwise details of purchases agt. tax invoices and sales agt tax invoices and agt C forms.
Most urgent please..
vat act details and how vat refund can be claimed & the calculations on vat refund
Can a firm under VAT Composition Scheme, do inter-state purchase. If not, what is the logic behind this.
In case of dealers whom VAT no. is alloted how can I ascertain the name of the properietor/ partner of the firm.
I want to know how to ascertain whether a VAT number is valid or not.
Respected sir,
One of the party is selling the Product to NHAI for construction of roads on which NHAI is deducting the TDS according to the rule of juridiction of state.
The party has not charged the CST on the same
as per the contract agreement with NHAI and the party is also not a registered dealer of the state where supplies the material. However the party as per contract construct some of the item in the different state.
I wants to know how to show this amount in SECTION O of Form 704.
Regards,
Prabhakar
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
L&T sells Ready mix concrete to Developer