Taxes

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sandhya

sandhya (Querist)
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08 May 2015 Dear All, can any one help me out what are the taxes applicable for interior designing company.

Kaushik Joshi

Kaushik Joshi (Expert)
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08 May 2015 Well applicable taxes include
Income Tax
Service Tax (on labour)
VAT (if Material involved provided by company)

sandhya

sandhya (Querist)
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08 May 2015 Thank u sir,Material is provided by the company & well i want know whether it comes under composite vat Or can i take the input for the purchases.

Kaushik Joshi

Kaushik Joshi (Expert)
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08 May 2015 You can avail composition scheme but I'd recommend you to take credit of input for purchases as it'd be more beneficial.

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