MAHARASHTRA VALU ADDED TAX
This query is : Resolved
tarunjjain
(Querist)
19 April 2011
WHAT IS FORM NO. 406,407,408 & 409 UNDER MVAT ?
WHEN & WHOM TO GIVE THIS FORM ?
WHEN & WHOM TO GIVE THIS FORM ?
CA Nishikant Jaiswal
(Expert)
20 April 2011
hi tarun,
form 406,407,408 & 409 shall issue under rule 50,for the purpose of sec 45 (4) by the contarctor or sub contractor :
i) if the main contractor has paid the taxes and agent has not to pay the same on the contract the main contractor shall issue certificate in form No 406 and declaration in form no 409 to subcontractor
ii)wheras form no 407 and declaration in 408 shall issue by the subcontractor to main contractor if taxes has been paid by sub contractor.
form 406,407,408 & 409 shall issue under rule 50,for the purpose of sec 45 (4) by the contarctor or sub contractor :
i) if the main contractor has paid the taxes and agent has not to pay the same on the contract the main contractor shall issue certificate in form No 406 and declaration in form no 409 to subcontractor
ii)wheras form no 407 and declaration in 408 shall issue by the subcontractor to main contractor if taxes has been paid by sub contractor.
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
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Working on Gold wastage during Melting of old gold jewellery
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Gift to nri relatives residing in usa
- TDS- 2026-27 Q1 Correction
- Capital gains in IT returns
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
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
