Karnataka VAT Rules 138,139 and 140

This query is : Resolved 

15 July 2009 One of the duties of dealer opting for composition schemes under theses rules is :
they shall not collect tax on their sales.(sub rule 3 of rule 138,139 and 140)

It means dealer registered under composition scheme can not collect VAT separately on sales and also can not show it on invoice.

Please confirm.

15 July 2009 Yes. You are perfectly correct.

He cannot collect tax at all.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries