tax percentage on building consturcture


This query is : Resolved 

10 May 2010 i want to know that a builder purchase raw material on different vat percentage and complete a building but now on what percentage i calculate tax on his gross receipt

10 May 2010 You need to raise the bills the Applicable VAT rate wise

11 May 2010 sir i tell u my problem from gross receipt i less my labour profit and material purchased and now i want to know that on what rate i calculate tax with the range of punjab vat act first it is 4% now i calcuate at 5% but my lawer calculate at 12.5% i am confuse is it ok with 5% or 12.5%


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details