Composite Tax on Works Contract under Vat
This query is : Resolved
21 October 2007
Does the Jharkhand Vat act allows deduction against Works Contract on account of Exps against Labour, Transportation, Gross Profit.
What is the due date of Filing of audit report under Jharkhand vat Act.If not filed what will be the consequences,
What is the due date of Filing of audit report under Jharkhand vat Act.If not filed what will be the consequences,
21 October 2007
Does the Jharkhand Vat act allows deduction against Works Contract on account of Exps against Labour, Transportation, Gross Profit.
What is the due date of Filing of audit report under Jharkhand vat Act.If not filed what will be the consequences,
What is the due date of Filing of audit report under Jharkhand vat Act.If not filed what will be the consequences,
21 October 2007
Work Contract Tax(VAT) . 1.Labour wages 2. Transporting charges is exempted But Authortity officer is signed your'e Bill for deducting the labour wages and transporting charges , Balance amount is chargable VAT TAX.
Example.
Bill Amount is Rs. 2,00,000/-
Less:
Labour wages Rs. 1,00,000/-
Tranporting Charges Rs. 20,000/-
Balance amount Rs. 80,000/- is taxable under VAT. Certificate is issuing from Sales Tax office of Jharkhand.
Example.
Bill Amount is Rs. 2,00,000/-
Less:
Labour wages Rs. 1,00,000/-
Tranporting Charges Rs. 20,000/-
Balance amount Rs. 80,000/- is taxable under VAT. Certificate is issuing from Sales Tax office of Jharkhand.
21 October 2007
Dear Sir
Please Specify that the Expenses of Labour and Transportation is deductible under Jharkhand Vat act when the Assessee has opted for composite Tax option Scheme.You havealso not mentioed abount audit due date under Vat and its consequences.
Please Specify that the Expenses of Labour and Transportation is deductible under Jharkhand Vat act when the Assessee has opted for composite Tax option Scheme.You havealso not mentioed abount audit due date under Vat and its consequences.
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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- DIN reactivation
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- GST rate and HSN code for sale of racing horses
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
