29 May 2015
This is a certificate issued by Assessing authority under Kerala vat to a registered works contrcator to permit to receive contract receipts without deducting VAT or The dealer is permitted to receive the contract receipts after deducting VAT @ (3% or 4%. or 12.5%). Basically by producing this contractor get concessional/NIL TDS deduction fron contractee
CAclubindia
