10 October 2011
Can we charge VAT 4% on the sale of polished granite when there is a work contract agreement by applying service tax? Where the customer belongs to out of AP state.
The actual VAT applicable is 14.5% within AP and CST 2% against the C form.
The firm is located in Andhra Pradesh where billing will be done.
If service tax is applied what is the tax to be charged( at what %)?