sankar024 (Finance Professional) (35 Points)
07 July 2008work contract is one kind of sales but it should be re sale value. once it used then taken back as a scarb once it is chageable under VAT @ 4% and and 4.12% service tax under compocite tax under workscontract.for works contract the interstate sales by c decleration is impermisable
sankar024
(Finance Professional)
(35 Points)
Replied 08 July 2008
sorry those materials involved in workscontract have no re sale value. there are common works contract , civil works contract
sankar024
(Finance Professional)
(35 Points)
Replied 08 July 2008
we treat the woks contracat involved materials as scrab materials bcz no re sale value asper commercial tax. for whch we have to prove the evidence and necessery documents
vijay patel
(manager)
(22 Points)
Replied 13 July 2008
| Originally posted by :sankar024 | ||
| " | work contract is one kind of sales but it should be re sale value. once it used then taken back as a scarb once it is chageable under VAT @ 4% and and 4.12% service tax under compocite tax under workscontract.for works contract the interstate sales by c decleration is impermisable | " |
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