My Company has VAT and CST registration for dELHI, we executed an Works Contract project in Mumbai for a client based in Mumbai. The billing will be from our Delhi Officew. My questions are
- Since the works contract has been executed outside Delhi, is VAT applicable on the bill amount ? ie. Should I charge VAT to the client ?if yes what percentage
- The VAT that I am paying for materials bought in Mumbai and consumed there for the project, can I offset that in any way ?
- According to me, since I dont have VAT registration of Mumbai, I am paying VAT in that state, which is additional cost to my company, is it true ?
- Is there any way by which I can save on the VAT being charged or get concession on VAT on material purchase in Mumbai ?
CAclubindia
