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DEPB LICENCE

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(Querist)
06 May 2011 I WANT TO WHETHER SALE OF DEPB LICENCE IS TAXABLE UNDER KARNATAKA VALUE ADDED TAX.
PLEASE CLARIFY
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
06 May 2011 Sales tax is a state subject and depends upon state government notification. Some states are charging VAT on DEPB transfer like U.P. delhi, haryana and punjab .


for more info:-

http://164.100.80.121/ctax/helplines/Helpline1.pdf

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