waht is vat procedure on work contract taxes

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2011 in both cases i.e., composition & regular


21 May 2011 Hi

for composition 4% on invoice total value
service tax 4.12% on total invoice value

for regular

on material 14% of VAT
on labour 10.3% of VAT


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