vat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 April 2010
Is it necessary to charge vat @ 5% on closing stock of 31-3-10 which is sold on or after 1-4-10
02 April 2010
Please check the VAT amendment date as per the state notification.
If the amendment is wef 01-04-2010 and your purchase order is on 30-03-2010 then the old rate will be applicable and if the PO date is later than or on 01-04-2010 then new rate will be applicable. This is applicable for the sales too.
Hope it is clear for you. If any clarifications, plz let us know.
If the amendment is wef 01-04-2010 and your purchase order is on 30-03-2010 then the old rate will be applicable and if the PO date is later than or on 01-04-2010 then new rate will be applicable. This is applicable for the sales too.
Hope it is clear for you. If any clarifications, plz let us know.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
