Builder who has service tax but didn't have a vat for last 3 years.
This query is : Resolved
vivek khandagale
(Querist)
21 February 2016
1.as per above subject he has service tax number but not filing return since he obtained it.
2. Now he wants to registered for M vat, He is eligible for vat payment from beginning or not?
MJ Krishnamurthy
(Expert)
22 February 2016
A builder will always above the taxable minimum for VAT and ST Acts. He has to file all the returns and pay taxes as per rules,with penalty and interest under both the Acts.Faster the better......mjk
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