VAT ISSUE IN SUB CONTRACTOR, VAT + CST

[krishna besta]

Dear Sir,

 

We are in confusion to file the Vat Returns.

 

We have a Holding Orgnisation. We got Construction contracts from Govt.  We given some portion of work to sub contract who is the Part of Group of Organization.

We paid all sales tax returns which is given inclusive of sub contractors materails.

Is this required to file the VAT returns in the same manner by Sub contractor also.

 

Please clarify the VAT issue in  sub contractor point of view.

 

Posts / Replies

[Pradeep Khatri]

Yes, it is mandatory to file the statutory returns by the Sub-Contractors under APVAT Act.

[krishna besta]

How it would be show in APVAT Returns. Either shown under Tax Clasification @ 5% or 14.5% or Exempted Goods. Already VAT Paid by the Main Contractor, if the subcontractor filed returns with Tax payment it makes double. How it would effect shown in subcontractor Sir(S). Whether the main contractor is required to issue the 501 Form or not required to issue.