Works contract compounding
This query is : Resolved
30 July 2011
I am a registered dealer in works contract compunded of 3% as per Kerala Value added tax and also i have service tax registration under works contract service. can i collect sales tax and service tax from party at the time of issue of Bills. some parties collect this much and someones not collect tax. which is correct?
01 August 2011
No you cannot collect VAT from the customer since your are on composite scheme.
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