Dear experts,
As per Supreme Court latest decision, Vat will be payable under rule 58 only with respect incomplete work. So my question is whether this decision is also applicable for composition scheme?
Then same logic can be applicable for service tax also, why we have to pay service tax on completed amount?
Thanks in advance
Manoj Mhatre
Hi!
As per my knowledge a builder under composition scheme cannot opt for Rule 58.
Fytomax Nutrition Private Limited
Aurangabad
CA Inter
View Details
RMA And Associates LLP
New Delhi
CA Inter
View Details
N N V Satish & Co.,
Hyderabad
CA Inter
View Details
CCI
Pro
CAclubindia
