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rate of vat under composition scheme in delhi

navin jain
rate of vat under composition scheme in delhi
VAT Rate Clarification for Works Contracts: Section 5 Delhi VAT Act & Rule 3 DVAT Rules Explained A query was raised regarding the VAT rate under the composition scheme in Delhi, specifically for works contracts. The response highlighted that according to Section 5 of the Delhi VAT Act, 2004, deductions should be made for labor, service, and similar charges from the gross value. Additionally, Rule 3 of the DVAT Rules, 2005 provides guidance on the rates and methods for deducting amounts related to labor and service charges. (AI Summary)
VAT + CST
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