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I.T.Rate for Long Term Capital for AY 2010-11

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Querist : Anonymous (Querist)
24 February 2010 Q (1) If we purchase raw material from out of state(CST) and manufacture finished goods and sale within the state(VAT), then can we claim the paid CST?

Q (2) If we purchase raw material within state(VAT) and manufacture finished goods and sale out the state(CST), then can we claim the paid VAT?

Q (3) If any type of paid tax which we can't claim is there, then can we include that (paid tax) in stock value.

Q.4 How To calculate the Special and Partial Rebating under Kvat

Thanks & Regards
FAZLE

24 February 2010 1. No

2. Yes

3. Yes

4. dont aware. pl. consult local C.A.

25 February 2010 1. No
2. Yes
3. Yes
4. you must check specific section of KVAT act for the same.




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