TELECOM CONTRACTOR MVAT

sitaram (Executive Accounts) (136 Points)

02 June 2009  

our client is Telecom Contractor Total t.o. is 3700000/- his each bill is 55% materail & 45% labour , on material he charged 8% vat, he gives sub-contact also, then what is his liability & return ,

he goes for halfy yearly return or for composite scheme or u suggest what is setoff clacluation

pl reply on urgent 

thanks & regards