Works contract tax in tamilnadu

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..... Dear Experts Our registered building contractor filed vat return I on deemed sales value. he is getting periodical payments on construction of a commercial building like 2 lakhs per month. In his b .....

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..... ill he is collecting service tax at the rate of 12.36 percent on 40 percent on the bill value considering 60 percent abatements. The question is what is the vat or wct tax to be collected in his b .....

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..... ill and what percentage. - Reply By MANDAVILLI RAMAKRISHNA - The Reply = in ap the system is to pay tax on composition system ie., 1 per cent of the registered document value. in case of construc .....

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..... tion activity without involving land, the contractor has to pay on abatement basis 5 per cent and on input claiming method at 14.5 percent on total billl value minus 90 percent of the input value. .....

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..... - Works contract tax in tamilnadu - Query Started By: - Ravikumar muthusamy Dated:- 18-9-2013 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, .....

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..... reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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