Tcs and vat on timber in west bengal

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

11 October 2012 Dear Experts,

Kindly guide me on the liability of TCS and VAT on sale of timber in west bengal by a company (main object of the company being Tea Growing & Manufacturing).

Thanking you in anticipation.

Hemant Kumar

Hemant Kumar (Expert)
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11 October 2012 TCS is 2.5% on Timber obtained under a forest lease, or any other mode, other forest produce.

There is no vat on sales on Firewood excluding casurina and eucalyptus timber.

4% Vat on
Timber, that is to say, --
(i) log;
(ii) plank, veneer and splint;(
iii) rafter;
(iv) sleeper;
(v) beam;
(vi) pillar;
and(vii) sawn or sized timber
viii)[Plywood ]and block board of wood.

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2012 Dear Hemantji,

Thanks for your reply.

Kindly let me know what is TCS incidence if the company is selling log without any processing.

Regards,

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