Monday, September 2, 2013

WORKS CONTRACT COMPOSITION SCHEME-2013- DVAT


on Monday, September 2, 2013

Works Contract Composition Scheme under Delhi Vat Act has been changed .Revamped of Scheme New Scheme is Applicable w.e.f. 01.04.2013 .New scheme is applicable only for the dealers engaged exclusively in carrying out works contract 

The dealer paying tax under earlier composition scheme shall have the option to shift over to this scheme. There are two scheme are available ,scheme A and Scheme B ,Rates of composition Schemes are different in each of Scheme. The tax period for the composition dealer shall be a quarter; Tax Due shall be paid by the dealers on monthly basis within 21 days of the end of the Month. other details are given in a PPT complied by CA Sandeep Garg 


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