we are the power generation company, please provide the information about VAT applicable for this company & rules under this
thanks & regards
Karnakar reddy
karnakar reddy ponna (accountant) (36 Points)
10 August 2010we are the power generation company, please provide the information about VAT applicable for this company & rules under this
thanks & regards
Karnakar reddy
Gagan Agarwal
(Manager)
(207 Points)
Replied 25 August 2010
There is no output VAT on power (ie electrical energy).
However, to avail concessions on inputs you need to register under VAT / CST.
please provide further information to discuss further
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961