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Non- composition scheme in Works contracts

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(Querist)
07 January 2011 Sir if we opt Non-Composition scheme for works contracts is it possible to calculate back caluculation while paying VAT on Bills received
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 January 2011 While non composition you need to segregate the value of Material & labour, so gross value of bill need to identify the value of material and do the back calculation
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