works contract
This query is : Resolved
sharanagouda s patil
(Querist)
02 February 2011
Dear experts,
we are in regular scheme of KARNATAKA VAT, We are doing many sites in bangalore, but we should not go for composition one site and another one is regular scheme is not possible under single TIN.
But recently CTD announced e-VARDAN here when we can apply for registration, we may opting VAT/COT/BOTH.
Now can we opt one more time for BOTH option under e-VARDAN?
If we paying under regualar scheme then we are going to loose tax.
if opting BOTH in e-VARDAN, then we should get one site is composition and another site is under Regular scheme
is e-VARDAN is helful for us?
Kindly guide us.
S S PATIL
we are in regular scheme of KARNATAKA VAT, We are doing many sites in bangalore, but we should not go for composition one site and another one is regular scheme is not possible under single TIN.
But recently CTD announced e-VARDAN here when we can apply for registration, we may opting VAT/COT/BOTH.
Now can we opt one more time for BOTH option under e-VARDAN?
If we paying under regualar scheme then we are going to loose tax.
if opting BOTH in e-VARDAN, then we should get one site is composition and another site is under Regular scheme
is e-VARDAN is helful for us?
Kindly guide us.
S S PATIL
B R Ramesh
(Expert)
05 February 2011
Hi
since the E- varadhan is not clear in act.
it will take time to understand the concept.
better you can continue with VAT.
once the clairty come you can avail both VAT&COT
since the E- varadhan is not clear in act.
it will take time to understand the concept.
better you can continue with VAT.
once the clairty come you can avail both VAT&COT
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