Hello,
I have received a supply and installation order from a customer in Kerala. I am a registered firm under Karnataka VAT & CST. I have to dispatch the materials to Kerala after which my team will reach there for the installation.
The order value consolidated is Rs. 4,88,250 + applicable Central Taxes & Service tax. How do I calculate for issue of the Form 8F to accompany the materials dispatched?,Will there be any additional taxes to be paid in Kerala if I am not registered at Kerala. I will be invoicing on basis of 2% CST against form C calculated on 75% of the work order value? Will there ba any Works contract tax or TDS applicable on such a transaction?
As per rules in Karnataka, it is calculated as 75% of the Work Order value as CST / Local tax for the supply part and 70% of the work order value for the installation part on which service tax is applicable, with the customer paying 50% of the service tax and I pay the balance 50%.
Will this method hold good for Kerala too?
Would really appreciate an early response.
Regards,
Satish
