Tax
eswar
(Querist) 24 June 2013
This query is : Resolved
Dear Experts,
I am working for construction company,in our work order
"The Supply & Installation rates are excluding taxes, the VAT & Service tax shall be paid against proof payment made."is a Clause.
In this Most of the Supply items are bought out items,for that we are paying the VAT.Our Supply Rate is including our profit+Over Head etc.,
According to the above Clause,which is correct/Eligible claim in the following
1.100% Input VaT
or
2. Difference ie Input VaT - Output VAT
Please advice
Thanks/REgards
Eswar
eswar
(Querist) 25 June 2013
Hope I will be getting answer for my Query
Thanks/Regards
Eswar
