i have received bill from civil work contractor in that they
charges Service tax & vat on same amount & .Please clarify

Answers were Sorted based on User's Feedback



i have received bill from civil work contractor in that they charges Service tax & vat on same..

Answer / rohitash

yes. service tax is for service which they provide to you
and vat is WCT(works contract Tax)is for state,

Is This Answer Correct ?    8 Yes 0 No

i have received bill from civil work contractor in that they charges Service tax & vat on same..

Answer / harinathn naidu

IN CIVIL WORK CONTRACTOR IF WE HAVE NOT MAINTAINED SEPARTE
BOOKS OF ACCOUNTS FROM PURCHASE FROM MATERIAL & LABOUR
CHARGES THEY HAVE CLAIMED TAX GROSS VALUE ON 4% TAX .

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Banking Finance Interview Questions

How is a Bill of Exchange discharged? (

0 Answers  


What is net profit ratio? What does it show?

0 Answers  


How will be you differentiate between a manager and a leader?

0 Answers   IBPS, RBI,


What is Real account?

31 Answers   Accenture,


what are the innovations in the finance,who are the major players in finance & future outlook in the finance?

2 Answers   Intel,






What is Capital Budgeting?

5 Answers  


What is the Relationship between the Return and Risk?

4 Answers  


What do you know about NITI Aayog?

0 Answers   RBI, SEBI,


What Are The Advantages Of Derivatives?

0 Answers   SEBI,


What is current GDP of India?

0 Answers   Nabard,


How will your professional knowledge help in banking career?

0 Answers   State Bank Of India SBI,


What is cash misappropriation?

0 Answers   State Bank Of India SBI,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)