Vat tax inclusive of tcs or not
VAMSI ASSOCIATES/S.PHANI RAJ (Advocate & Tax Consultant) (499 Points)
25 December 2016
VAT TAX INCLUSIVE OF TCS OR NOT
1 Replies
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 26 December 2016
IF VAT AMOUNT SHOW (CHARGE) SEPRATELY IN INVOICE ,,,,,,,,,THAN YOU SHOULD COLLECT TCS EXCLUDE VAT AMOUNT ,,,,,,,,,,,,,,BUT IF VAT AMOUNT NOT SHOW (CHARGE ) SEPRATELY IN INVOICE , THAN YOUR SHOULD COLLECT TCS AGAINST GROSS AMOUNT ,,,,,,,,GOOD LUCK!
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