Composite vat in west bengal
ravikumar bagaria
(Querist) 22 August 2013
This query is : Resolved
We have a food stall in a club of Kolkata, and have taken a composite VAT number of vat since our anticipated turnover is much less than 50 lakhs...but the club insists that we take the regular vat number since they are charging the members food rates inclusive of vat rates...but are not raising any invoice...what should we do...are we bound to take the regular vat registration?
ajay sethi
(Expert) 22 August 2013
consult your tax consultant or raise query in CA club india.com
R.K Nanda
(Expert) 22 August 2013
contact tax lawyer.