banner_ad

works contract civil

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 January 2011 Dear sir,

we are in regular shchem of KARNATAKA VAT.
but we are doing civil works in various parts in bangalore, so shall we go for composition one site and one site for regular scheme is it possible a single TIN?

And what we take labour charges in computation whether 30% of sec.3(2) or actual labour incurred?

please give me excellent answer.
Profile Image

Hitender Gaur

Profile Image

Hitender Gaur (Expert)
01 February 2011 you can't go for composition scheme for a particular project, if you are willing to choose composition scheme then it will applicable on your all projects in karnatka.

In regular scheme you can get labour component actual incurred on project , at the time of VAT/WCT libility computing.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details