Dear All
1) Can anybody have detailed explanation / Notes of Composition Tax
2) Is Electrical Contractor comes under Compsotion VAT & how to calculcate the sam
Srini
srinivasan (Freelancer - Accounting / GST / TDS / Service Tax Refund / Customs / STPI / Tax Filing ) (70 Points)
12 January 2009Dear All
1) Can anybody have detailed explanation / Notes of Composition Tax
2) Is Electrical Contractor comes under Compsotion VAT & how to calculcate the sam
Srini
raju
(practitioner)
(31 Points)
Replied 14 January 2009
You can opt for composition scheme as a contractor. Currently you have to pay 4% tax on the total consideration recieved from the customer/contractee.
Rajesh
(Accounts Executive)
(27 Points)
Replied 19 July 2011
Can any body tell the composite rate of tax in karnataka for photo frames.