Clarification - DVAT return

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..... we are doing works contract and chargin vat on 85% of value of contract @ 12.5 %. we show the value of 85% against works contract column in DVAT 16. where we have to shoe the remaining portion of 15%. .....

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..... whether it should be shown against exempted sales. - Reply By V Ramanujam - The Reply = VAT return requires reporting of 'taxable turnover' only. As labour portion is deductible for the purpose of .....

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..... arriving at the taxable turnover, the same need not be reported anywhere in the VAT return. However, the details may be required for verification at the time of VAT audit/assessment. - Clarification .....

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..... - DVAT return - Query Started By: - d.v. gupta Dated:- 12-6-2008 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, persona .....

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..... l opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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