composite billing

This query is : Resolved

ankur patwa (Querist)
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15 June 2009 how should do composite billing for supply and installation of material and service. what are the rateof VAT and Service tax and what will be the treatment of excise paid on raw material if we are the manufacturer. both excise and service will be levied and if levied than what r the rates of the excise and service tax.

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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17 June 2009 Many alterntaives.
VAT law in different states different.

Options: VAT & ST on Compoistion basis
VAT on compistion ST on regular scheme ( with credits)
VAT on regular scheme ST on gross amount including the credits on input raw materials.
You may have to actually work out the alternatives with the deduction/ credit available to arrive at the best option.