VAT Clarification

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Hari Prasad (Querist)
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10 January 2009 We are under Composition Tax we are having Hotel division we supplied 60 meals to one company, we are not contractors to them just one time its supplied. Total bill we rised Rs 72600/- They given the cheque value Rs 68051/- After deducting TDS Rs 1645/- and Vat Rs 2904/- they asked the bill with vat split up because we are under composition how we can show vat deduction
is there any tds applicable on VAT

CA Hemant T Dewani

CA Hemant T Dewani (Expert)
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10 January 2009 IN COMPOSITION SCHEME YOU WILL NOT ISSUE SEPARATE BILL TO CO.YOU TELL THEME REGARDING THIS MATTER & YOU ALSO ISSUE BILL WHICH ARE INCLUDING OF ALL TAXES THEN CO WILL NOT GET CREDIT OF THIS PURCHASES BECAUSE YOU ARE UNDER COMPOSITION SCHEME IN MY OPNION YOU WILL COLLECT RS.2904 FROM CO.

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