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GOVERNMENT OF MANIPUR SECRETARIAT: FINANCE DEPARTMENT (EXPENDITURE SECTION) Notification No. 2/2019 State Tax (Rules) Offal, the 29th March, 2019No. TAX/4(53)/ASTON/2016: In exercise of the powers

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How to fill out deduction of vatworks contract

01

Obtain the VATworks contract form from the relevant tax authority.

02

Fill out the form with accurate information regarding the contract details and VAT deductions.

03

Ensure that all required fields are completed properly and all calculations are correct.

04

Submit the filled-out form to the tax authority for processing and approval.

Who needs deduction of vatworks contract?

01

Businesses or individuals who are involved in contracts that are subject to VAT deductions.

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What is deduction of vatworks contract?

Deduction of vatworks contract is the process of subtracting the VAT amount from payments made for construction and renovation works.

Who is required to file deduction of vatworks contract?

Both the payer and the payee of the construction or renovation works are required to file deduction of vatworks contract.

How to fill out deduction of vatworks contract?

Deduction of vatworks contract can be filled out online on the designated government portal by providing relevant information such as payment details, contractor details, and VAT amount.

What is the purpose of deduction of vatworks contract?

The purpose of deduction of vatworks contract is to ensure proper documentation and payment of VAT in construction and renovation projects.

What information must be reported on deduction of vatworks contract?

Information such as payment details, contractor details, VAT amount and project details must be reported on deduction of vatworks contract.

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