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Compound VAT

This query is : Resolved 
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(Querist)
02 April 2010 Dear Experts,

Can anybody enlighten me about compund VAT.
What is Compound VAT?
When it is leviable?
How it is calculated?

Thanking You
ZAMIR
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CA. O.P. Agarwalla

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CA. O.P. Agarwalla (Expert)
17 April 2010 Compound VAT is separae schemes providing ulternative ways to calculate tax liability of the dealers. Normally such Compounding is bilateral contracts between Deptt & Dealers.
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zamir

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zamir (Querist)
22 April 2010 Sir
can you tell me the calculation process. how it is calculated.

thanking you
ZAMIR
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