I am a retailer for glass & aluminium. Generally i purchase the same and sell it in margin. but right now i have purchase glass worth40000/- and providing my customer to fix it the same at their premises (fixing in window & doors etc) and charging labour charges (Job work) for the same worth16000/-. So i want to know the following:
1. whether i should raise single bill for sell of the goods and services provide by me?
2. Is there any default in vat compliances like WCT?
20 January 2011
i have one bill in which dealer has purchase glass worth rs. 10000/- and got it polished from same vender/purchaser worth rs. 3500/- so total bill amt is 13500/- and vendor charges vat on rs 10000/- and service tax on rs 3500/-. can dealer take/claim input vat as dealer will sell the same in rs. 19000/- to his customer. pls suggest.
CAclubindia
