vat on modification activity
This query is : Open
28 August 2009
We are engage in mold manufacturing.
Apart from this we also do modficiation activity when it comes after use from customers end.
For modification we are using material hardly 5% of order value.
What is the tax liability of this modifiation activity under VAT.
Pl provide information.
Apart from this we also do modficiation activity when it comes after use from customers end.
For modification we are using material hardly 5% of order value.
What is the tax liability of this modifiation activity under VAT.
Pl provide information.
11 September 2009
Since you input some material in modification work. this is works contract and liable for works contract tax under VAT
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