We are into Karnataka Based Coporate Interior Company. Recently we have received a Interior Contract from SEZ in Chennai, Tamilnadu. In relation to the above i want to know the following things
1.Whether this transaction is completely exempted from Karnataka VAT & Service Tax. If Yes what are the forms that we need to obtain from our SEZ Client under Karnataka VAT i.e sales tax & Service Tax Further whether i can claim Input Tax Credit on the purchases made by me in Karnataka? Also whether i can claim Input Tax Credit on the purchases made by me in Tamilnadu
CAclubindia
