WCT
This query is : Resolved
19 July 2010
I WANT TO KNOW LUMPSUM SCHEME FOR WORKS CONTRACT IS FOR INDIVIDUAL CONTRACT OR WHOLE SALE FOR THE YEAR ?
PLEASE TELL ME ABOUT THE LUMPSUM SCHEME FOR WORKS CONTRACT IN VAT.
PLEASE TELL ME ABOUT THE LUMPSUM SCHEME FOR WORKS CONTRACT IN VAT.
08 August 2010
Under composition scheme, need to pay the tax on total contract value under concessional rate (both VAT and ST)
Under regular scheme, you can pay norma vat rate with input claim and normal ST
Under regular scheme, you can pay norma vat rate with input claim and normal ST
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