Vat charges
This query is : Resolved
04 August 2010
The builder is collecting vat from me on Construction charges + Electricity & Water infrastructure Charges.
Less 30% deduction towards charges..
On Total Consideration Flat Rate of 12.5 %
But the builder has paid different Rat of Vat on his purpose of inputs like, Jelly, Cement , Sand, Electrical Filling etc.
Can He Collect 12.5 % Vat flat Rate From Me????
Less 30% deduction towards charges..
On Total Consideration Flat Rate of 12.5 %
But the builder has paid different Rat of Vat on his purpose of inputs like, Jelly, Cement , Sand, Electrical Filling etc.
Can He Collect 12.5 % Vat flat Rate From Me????
08 August 2010
yes. My under standing he is claiming abatement scheme, so higher rate of VAT applicable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Gift of mutual fund units to daughter
- Under construction property in ITR
- Reporting of STCG on Property in ITR
- Not able to file ITR
- Building tax payment deduction in rental Income
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
