Itc on works contract

Neha Mishra (@student) (234 Points)

07 March 2014  

Dear my question is whether an ITC can be availed on VAT charged on works contract ....

 

further if one is going to decide not to go with composition scheme tax but to charge full VAT rate e.g, 12.5% on total amount including Labour chagre then 

can he issue Tax Invoice ?

can registered dealer take ITC on the same ?