Vat
Asha
(Querist) 24 December 2011
This query is : Resolved
I have a querry regarding works contract under respective state VAT's, My querrie is that when a person is executing WC transactions, he even operates interstate transactions,
For suppose when a person in A.P is executing the work contact for a person in Maharastra. To execute this when the contractor is using the goods from Karnataka state and those goods goes to Tamilnadu for finishing and these finished goods are used in for executing WC in Maharastra.
Now my question is :
1.Please tell me the levy of tax all yhe transactions.
2. When in some cases if the Contractor not under Composition sub contracts to a Contractor under composition the how will the levy and tax credit goes?
3. Please tell me all the possible Issues.
Thanks in advance,
Regards,
R K JAIN
(Expert) 24 December 2011
Tax is to be paid in the state where the goods are consumed.
