Table of Contents
Where do I get a VAT Certificate?
How to view your VAT certificate online (UPDATED for 2021)
- Step 1 – Sign In. Sign in to your Government Gateway account via the HMRC website.
- Step 2 – Find your VAT account.
- Step 3 – View your VAT certificate.
- Step 4 – View, save or print.
Is VAT charged on work contract?
Service Tax is a Central Govt enactment and has no link to VAT on Works Contract. This is similar to levying of Excise Duty on purchases and VAT charged on the same item when the sale is a local sale.
What is VAT on petrol in Andhra Pradesh?
31 per cent
VAT is levied at the rate of 31 per cent on petrol and 22.25 per cent on diesel in AP. As VAT is “consciously linked” to Excise Duty, the relief will only be to that extent while other state levies like Road Development Cess continue to add up to the final price.
Can I get my VAT certificate online?
The copy of the VAT certificate is available online via the portal the instant your business registration has been processed by HMRC. This means that if you keep checking the portal daily then you may be able to retrieve and print a copy a day or so before the original certificate arrives in the post.
Can I be VAT registered and employed?
No, they are not. Some traders are not registered for VAT because their businesses have a low turnover (sales) and so they cannot charge VAT on their sales (unless they are voluntarily registered)– and some business activities do not attract VAT.
How is VAT calculated on works contract?
VAT has to be accounted for at the rate of 8\% of the total value of the contract. You can claim set-off calculated at the rate of 16/25 of the VAT you have been charged on the purchase of all goods including capital goods purchased for use in the execution of the works contract.
What is the cost of 1 litre petrol in Andhra Pradesh?
Rs 87.24 per litre
Petrol Price in Andhra pradesh Today : The price of Petrol in Andhra pradesh is at Rs 87.24 per litre Today.
Which country has highest tax on petrol?
India
India has the highest taxes on fuel in the world.
Who is in charge of VAT in Andhra Pradesh?
The Commercial Tax Department of AP is in charge of levying and collecting tax in the state, with the Andhra Pradesh VAT Act of 2005 forming the basis for such collection. VAT rates in Andhra Pradesh vary according to the product being traded, with different Schedules of the AP VAT Act containing different rates.
Who is in charge of commercial tax in Andhra Pradesh?
The Commercial Tax Department of AP is in charge of levying and collecting tax in the state, with the Andhra Pradesh VAT Act of 2005 forming the basis for such collection. Andhra Pradesh VAT Rates VAT rates in Andhra Pradesh vary according to the product being traded, with different Schedules of the AP VAT Act containing different rates.
Do you need to register as a vat dealer in India?
They will be registered as a VAT dealer and will be required to pay VAT on their business deals. Similarly, dealers and intermediaries who indulge in trade on behalf of others are also expected to get themselves registered, regardless of their annual turnover being under Rs 40 lakhs.
How do I register for VAT online?
Most businesses can register online – including partnerships and a group of companies registering under one VAT number. By doing this you’ll register for VAT and create a VAT online account (sometimes known as a ‘Government Gateway account’).