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Which Taxes are Applicable & How many % ?

Guest

We are a Contractors & Fabricators of Aluminium & Steel - Windows/ Doors/ Partitions/ Ceiling/ Structural Glazing/ Cladding work etc.

We Purchase a Material (i.e.: Aluminium/ Glass/ Plywood/ Hardware/ ACP, etc.) from market & Also taking a service of Powder Coating OR Anodizing on Aluminium or Steel from Outside Service Providers & then we fabricates all of above items & also do a installation (fixing) at site.

Our work Criterial includes are as follows:

MATERIAL: Material (eg.: Aluminium, Steel, Glass, Ply, ACP Panel, Hardware, etc.)

POWDER COATING OR ANODIZING PROCESS: (done from outside processors)

LABOUR: (To be paid to Labours for making & installation on site)

TRANSPORTATION CHARGES: (Paid to Tempo/ Truck/ Taxi/ Transporter for delivering of material on site)

OVERHEADS: (Rent paid for accomodation nr. site, Travelling Charges for Labours, Management, etc.)

PROFIT: 

So while preparing an Tax Invoice Which Taxes are Applicable & How many Percentges.

VAT/ CST/ ST/ WC VAT --- ?

From Our Clients, 1 Client is a Building Contractor and they do a various projects for their clients.

Recently we have received a Work order from them and they told us to charge a taxes as follows:

on 67% of Total Bill Value - M VAT @ 12.5%

on 33% of Total Bill Value - ST @ 12.36% will be applicable.

Is it perfect or not acceptable .. ?  Pls Suggest specially in our case.

Thank you,

Contractor Seeks Clarity on Tax Rates: 12.5% MVAT on 67% and 12.36% ST on 33% of Bill A contractor and fabricator inquires about applicable taxes for their services, which include purchasing materials, outsourcing powder coating or anodizing, and installation. They received a work order suggesting taxes of 12.5% MVAT on 67% of the total bill and 12.36% ST on 33%. A respondent advises referring to a previous reply and suggests consulting a legal professional to ensure compliance with the MVAT Act. The respondent notes that the supplier's rates follow the abatement method, but further consultation is recommended for accuracy. (AI Summary)
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