Sale tax

This query is : Resolved

BIJENDER (Querist)
Follow

18 January 2012 R/ALL

A VERY GOOD MORNING

PLEASE TELL ME ABOUT THE CURRENT TAX RATE AGAINST THE FOLLOWING

TAX RATE
LP1 -------------------- ?
LP2 -------------------- ?
LP3 -------------------- ?
LP4 -------------------- ?
LP5 -------------------- ?
LP6 -------------------- ?
LP7 -------------------- ?

Thease goods are auto accessories (spare parts of car, santro, sumo etc.) state- Haryana

THANKS IN ADVANCE
BIJENDER

C.P.CHUGH

C.P.CHUGH (Expert)
Follow

19 January 2012 Dear Bijender,
The LP1.....LP7 you mentioned in your querry are various list of purchases to be annexed with VAT R-1 return for a quarter in the State of Haryana. Tax is not charged on the basis of Lists but on the basis of commoddity/article or goods sold. In your case the goods are Auto accessories, the same would be taxable at the rate of 12.5%+ Surcharge as applicable.

However if you are manufactuer of auto accessories and are selling to a Automobile Manufactureres you are required to pay VAT @ 4%+Surcharge and are required to obtain Form VAT D-1 from your Customers.

BIJENDER

BIJENDER (Querist)
Follow

20 January 2012 THANKS SIR,

I HAVE CLEAR MY DOUBT

Upgrade to CAclubindia Pro. Subscribe Now!

BIJENDER

BIJENDER (Querist)
Follow

20 January 2012 THANKS SIR,

I HAVE CLEAR MY DOUBT