L KANAGARAJ (Assistant Manager-Finance) (615 Points)
11 October 2008Sir/ Madam,
In my company we are giving food to our employees through Canteen ,on Contract Basis .
The Contractor charging VAT on their Bills.
My query is What % they should charge?
Whether we can avail Input VAT benefit?
if so please give me some reference.
visu iyer
(mentor)
(834 Points)
Replied 11 October 2008
INput VAT is not possible.
Similar case is available in magazine/publication
where Printer charge VAT; but
the publisher of magazine can't claim INPUT VAT because magazine is exempted in VAT
There are 17 such items available, where clarification is required.
You may raise your voice by sending a email to the following ID
Sudheer J. Sarvate
(SERVICE)
(116 Points)
Replied 23 October 2008
| Originally posted by :Guest | ||
| " | INput VAT is not possible. Similar case is available in magazine/publication where Printer charge VAT; but the publisher of magazine can't claim INPUT VAT because magazine is exempted in VAT There are 17 such items available, where clarification is required. You may raise your voice by sending a email to the following ID cct @ tn.nic.in |
" |
IN THE FINANCIAL YEAR 2005-06, WHETHER FORM H HAS TO BE ISSUED QUARTERLY AS PER TAMILNADU CST ACT
CAclubindia
