Dear All
I have been auditing one of the government company its constructing buildings in Rural & Urban area for that fund received from verious other government departmant, for such company VAT is Applicable ?
CA Basavaraj
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Vat applicability
Replies (1)
Mr Basavaraj,
Even though it is a government company like Land Army Corporation, KRDC etc they are to be registered under VAT and CST Acts. All rules are applicable to them like for a normal contractor......MJK
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