Jatin Kantilal Dhotijotawala (Accounts Executive) (40 Points)
22 December 2010I want to know that a partnership firm are involved in activities of mfg. of cement products, trading of products and also provide services of construction labour work asn workcontract services.
a partnership firm can file vat & cst return as regular dealer and file monthly of quaterly return in form of vat form 201 & cst form 3b or a firm should file return in composition (lum sum) form with qtr 202 format?
Both activities done by firm? Suggest the actual way...
Shweta Bansal
(CA)
(175 Points)
Replied 27 December 2010
Return to be filled qtrly if turnover is less than or equal to 5 crore otherwise monthly.
Return should be filled in form 202....i.e. composite return in order to adjust VAT input with CST.
CAclubindia
