<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>VAT under composition scheme vis a vis service tax</title>
    <link>https://www.taxtmi.com/forum/issue?id=2979</link>
    <description>A civil contractor may either follow the VAT composition scheme or compute service tax by applying the service-tax rate to the gross contract amount less the value of goods on which VAT is paid. If VAT is paid under a composition scheme and the goods component cannot be identified from invoices, service tax must instead be charged at the composite rate corresponding to the VAT composition treatment.</description>
    <language>en-us</language>
    <pubDate>Tue, 26 Apr 2011 17:57:12 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:58:21 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=317336" rel="self" type="application/rss+xml"/>
    <item>
      <title>VAT under composition scheme vis a vis service tax</title>
      <link>https://www.taxtmi.com/forum/issue?id=2979</link>
      <description>A civil contractor may either follow the VAT composition scheme or compute service tax by applying the service-tax rate to the gross contract amount less the value of goods on which VAT is paid. If VAT is paid under a composition scheme and the goods component cannot be identified from invoices, service tax must instead be charged at the composite rate corresponding to the VAT composition treatment.</description>
      <category>Discussion-Forum</category>
      <law>VAT / Sales Tax</law>
      <pubDate>Tue, 26 Apr 2011 17:57:12 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=2979</guid>
    </item>
  </channel>
</rss>