20 March 2010
Builder /devloper who developls their lands i.e. plotting ,park,street light etc and afterwards sale to customer a plot whether they are liable to Vat?
After wards another company enter in to contract with individual customer for construction of residential complex, whether company is liable to VAT as work contractor?
20 March 2010
These are 2 seperate sale transactions.VAT is state specific and you will have to look up the VAT of the concerned State where the transaction takes place.
CAclubindia
