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TMI BlogVat liability - input of vatX X X X Extracts X X X X X X X X Extracts X X X X ..... I have an order for construction of a power plant which involves supply of several items including civil works. I have placed a order on sub contractor for civil items (eg 10 Cr). The civil contractor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... purchases local material. The contractor pays the VAT by normal method and gives me the certificate of the same. Now my billing to customer is 11 Crs(1 cr is my profit margin). How much VAT liability ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... i have to carry(pay), will i get any VAT input credit. - Reply By Mukesh Kumar - The Reply = As per the orde of high court (and i believe confired by the SC, once a sub-contractor pays VAT on some p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... art of contract, the same is not includibe in the value of main contractor. Or the same would be excluded from the contractor's value of contract. The citatio of the case is - 2008 TMI - 30512 - SUPRE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ME COURT - http://www.taxmanagementindia.com/site-map/global-search/list_case_laws_search.asp - Vat liability - input of vat - Query Started By: - Jaimin Shah Dated:- 3-7-2009 Value Added Tax - VAT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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