Taxbility

This query is : Resolved

Murali dhar (Querist)
Follow

10 December 2009 Dear Sir,

We have been procuring material and claim the Input Vat credit. and the same material has been supplied to Various subcontractors with free of cost and raise the invoice with out tax.
1. for supply of material to Sub contractor is attract the VAT or not?
2. If such material has been supplied to sub contractor with concessional rate, is attract the VAT on materil?

Kindly clarify and specity provision of
APVAT.

Vishnu Saboo

Vishnu Saboo (Expert)
Follow

13 December 2009 1. No
2. yes

Where there is no considration, no sale tax would be charge.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

ASHOK KUMAR TEKURU

venkateswara reddy

Adesh Mahajan

CA TARUN JINDAL

Chaitanya Voolla

Subscribe Now

Taxbility

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANCY

GST CONSULTANT

Article Assistant

Accountant