Work contract
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 February 2012
We have been awarded a Work Contract in Banglore. What is the Vat effect, Entry Tax, Labour Cess in Banglore if we open local office in Banglore. Or we work from Delhi. is any other tax is their
09 February 2012
Would suggest that you could take registration in Bangalore as a Non resident dealer under the composition scheme under the VAT,, however since you are under works contract .. composition scheme shall still allow you to make purchases from outside the state.. there shall be no input tax credit avialable.. and tax payable@ 5% of the receipts.. entry tax payable on causing entry of schedule goods into local area.. profession tax enrollment for the employer and registration for employee is also required.. for further queries you can mail to pc_chhajer@yahoo.com
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 February 2012
Dear Hari
If we gte registered in composite scheme can we purchase from outside on C form
If we gte registered in composite scheme can we purchase from outside on C form
15 February 2012
should you register as a works contractor under composition scheme.. it permits interstate purchase as per sec 15(5). Hence you should be allowed to issue C form.
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