TMI BlogRate of VAT applicable on a work contract of civil as well as fixing of furniture with material,X X X X Extracts X X X X X X X X Extracts X X X X ..... dear all, we have undertaken a work contract of civil as well as fixing of furniture with material. we have used goods of 4% vat as well as 12.5% vat. as per works contract act we have to apply vat on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 75% of contract value. let me know the rate of vat applied on 75% contract value in view that we are using 4% as well as 12.5% items in execution of work. in my opinion it should be taxed at 12.5%. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... kindly discuss if othe rate apply. - Reply By Surender Gupta - The Reply = If you are transferring the declared goods (4% goods) in the same form as you have purchased, the rate of VAT shall be 4% on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly. Otherwise, the rate of VAT on execution of works contract is 12.5% - Rate of VAT applicable on a work contract of civil as well as fixing of furniture with material, - Query Started By: - d.v. gu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pta Dated:- 18-5-2010 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia - taxmanagement - taxmanagementindia.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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