Compound VAT

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zamir (Querist)
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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

CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
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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.

zamir

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

thanking you
ZAMIR