rate of vat under composition scheme in delhi
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rate of vat under composition scheme in delhi
Deduction of labour and service charges allowed under composition scheme, with rates and manner prescribed by applicable rules. For works contracts under the composition scheme the value of labour, service and similar charges is deductible from gross value for VAT under section 5 of the DVAT Act, 2004, and the rates and manner for those deductions are prescribed by Rule 3 of the DVAT Rules, 2005. (AI Summary)
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