Vat, cst, wct or service tax

Yes He has to Register for CST/VAT & if his Turnover Exceeds 10L He has to Get Register for Service Tax Also.

for Input Tax Credit (If he Register under Composition he is not Eligible for Input Tax Credit)

CST Should be Payable at local Vat Rate

Dear Mr Prashant,

 If Purchase and Sale is Made outside of State then CST Registration is Required so in Your Case CST is Applicable.

you are Providing Labour as Well as Material so Its a Work Contract so Vat and Service Tax Registration is Required

Without C Form CST Rate will be the Local Vat Rate on Goods

Hi,

It is clear case of WCT. Now, refer schedule I, II, III, IV and VI of kvat act, make sure if ur service is mentioned in these schedule, if it is then wat is the percentage of vat and whether the percentage is for composite or not.

Here, u have to get regisered with CST compulsorily even if ur turover is Re. 1/- whereas, if ur service is listed in kvat schedule then no need to get registered with service tax but vat registration becomes manditory if ur turover exeeds or expected to go beyond 5lakhs.  Now, u have to charge vat on total bill ie., mater+labour.

if ur service is not listed then u make sure from any local tax expert whether those services are covered under VAT WCT or not.

regards,

jafer