21 October 2011
In case Person is engaged in Printing of Identity Cards & Other Printing Material, He is required to pay VAT or Service Tax???? Further How to arrive @ Taxable Value????
22 October 2011
Mr Author, Sale of printed material is chargeable with VAT(in karanataka 5%).Check up in your state.For making products as per customers' requirement, you can treat it as a works contract and pay 5% vat on the total value minus the labour charges. MJK