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Tax planning

This query is : Resolved 

22 March 2015 We are into a manufacturing business and we also supply and apply our goods and services.. What is the best tax module we should opt for..? 1. Charging VAT and Service Tax separately OR 2. Going for composite taxation If there is any other way for tax planning, please help..

22 March 2015 It depends on your value of goods manufacturing and service value, but composition scheme available for those dealer who not able to segregate the materials and service portion on their bills, which is combined bills. if the material and service can be identified separately then you can opt only normal scheme


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