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Querist : Anonymous

Querist : Anonymous (Querist)

28 August 2010 1. I have pruchased a equipment from Vadodara to Mumbai under from c transaction. Now, i am selling the equipment to a customer within maharashtra, under works contract agreement. So, will the CST 2% paid will be reimbursed / can be considered as rebate will paying the MVAT.

2. what rate of MVAT is applicable for works contract for a work to be carried out for recognised sceintific research institute by goverenment.

Gagan Agarwal

Gagan Agarwal (Expert)
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30 August 2010 Regarding query 1, you will not be able to claim rebate of CST paid on purchases. The same will be a cost.

Regarding query 2, what kind of works contract are you rendering? there are different schemes available. Details can be provided once facts are clearly available

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