Liability of mvat on professional fee

This query is : Resolved

ravindranathan (Querist)
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22 February 2012 My client is an architect and have a proprietorship concern.

The Income involves receipt on Consultancy and receipts on works contract. Can anyone clarify that :
1. Whether MVAT is applicable on receipt from consultancy.
2. What is the turnover applicable for MVAT registration.
3. If the works contract is 4akh and consultancy income is 2 Lakh, whether VAT registration is required.

Thanks

CA Sunil Anwani

CA Sunil Anwani (Expert)
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23 February 2012 1. MVAT is not applicable on Consultancy being Service.
2. For MVAT it is 5 lakhs

3. Not Required