VAT RETURN

SUBHASH SHARMA (Querist) 17 July 2009 This query is : Resolved
ONE OF MY CLIENT GOT VAT REGISTRATION IN NOIDA, BUT NOT YET FILED HIS VAT RETURN TILL DATE.

NOW HE HAS TO TAKE FORM 38 FROM THE DEPARTMENT OF COMMERCIAL TAX ( SALES TAX )

HE HAS BEEN DOING JOB WORK ON CLOTH AND USING INK ( CONSUMABLES ).

MY QUESTION IS SHOULD HE CHARGES VAT ON WHOLE VALUE FABRIC + JOB WORK CHARGES + MATERIAL USED OR ONLY ON MATERIAL USED.

IS VAT APPLICABLE ON IT AT WHAT RATE.

IF HE DONT DO THE JOB WORK ONLY DO TRADING OF FABRIC. IS TAX EXEMPT ON IT.

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