Tax pecentage
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2013
Suppose we are living in Hapur (U.P.). We purchase a computer from Delhi (other state). and computer bill is prepared for Hapur. What would be Vat we have to pay? If bill is prepared for Delhi Address, what would be tax percentage?
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2013
Thxs for help me
24 April 2013
Mr Author,
At the time of sale, wherever the goods are located the tax rates applicable to that place/state has to be charged and such collected taxes would go to that state from which the goods have moved.For local sales done at Hapur an interstate bill can not be issued from Delhi.Moreover,an interstate transaction will happen only when the goods also move across two state borders.Here bills should be issued from Hapur address only....mjk
At the time of sale, wherever the goods are located the tax rates applicable to that place/state has to be charged and such collected taxes would go to that state from which the goods have moved.For local sales done at Hapur an interstate bill can not be issued from Delhi.Moreover,an interstate transaction will happen only when the goods also move across two state borders.Here bills should be issued from Hapur address only....mjk
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