Query in Stock transfer

This query is : Resolved 

23 December 2010 In case of stock transfer input tax credit is available after retention of 4% of such tax by the state governments.

Is that rate 4% or 2%.

Please clarify Immediately

24 December 2010 Plz provide the name of state you are referring to. Its 4% under Punjab VAT Act 2005

25 December 2010 Is nt there a uniform rate




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