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Wct & vat

VAT (Legacy) 712 views 1 replies

Dear all

                 We have  made school uniform. Faric receipt from dealer  & i have made shirt with total material have bear by us. it is applicable WTC OR Dvat  Which rate of Vat Charges to dear. Dealer demand Tax Invoice.   TDS is applicable on job work  or material. Kindly resolve the above query,

 

Replies (1)

  In making of shirts if you are using your own material then you will have to charge 12.5% on the value of material only in the tax invoice. This sale is to be covered under DVAT Act . If they supply the required fabrics to you then you have raise only a labour bill,which is not liable for dvat. It depends on the purchase  order. issued to you. If you make uniforms out of cloth bought by you,you can treat it RM garments and issue invoices accordingly with 5% dvat(pl check up rate).......mjk 


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