Hello Friends,
Is there any works composition tax mechanism in Tamilnadu?
Can we register a company in Bangalore under the Tamilnadu VAT act without having a branch in Tamilnadu.
2 Replies
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 27 March 2012
Mr Praveen,
There is a provision to register as a non-resident dealer. Aperson residing out side TN can register under TN VAT Act. Generally, it is not convenient for works contractor,because you have to open a work site and store some goods there.Movement of goods in and out of a works site will become a problem for a non resident dealer.Composition is available for registered works contract dealers under TN VAT Act....MJK
manickam
(manager cum accountant)
(29 Points)
Replied 10 June 2015
kidly let me know about colculation on works contract at tne time monthly return in tamilnadu
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