VAT and CST on natural and precious jem stones
This query is : Resolved
15 March 2011
Hi,
Is there any VAT or CST on the sale of natural stones and precious gems!!
Please help.
Is there any VAT or CST on the sale of natural stones and precious gems!!
Please help.
16 March 2011
In Delhi VAT as per Second Schedule VAT rate on Precious Stones and Semi-Precious Stones is 1%, CST is 2% (As per CST Rules) if you are talking about any other state then please provide the name of state as VAT is very state to state.
16 March 2011
Hi Mr Gaur,
I am asking partcularly for Uttrakhand state.
If any idea about the same, please revert back asap.
And if the turnover in natural stones is below Rs 10 lakhs, do we need to register with Central ST department and levy CST or we are exempted??
And regarding VAT, is the facility of online registration available??
I am asking partcularly for Uttrakhand state.
If any idea about the same, please revert back asap.
And if the turnover in natural stones is below Rs 10 lakhs, do we need to register with Central ST department and levy CST or we are exempted??
And regarding VAT, is the facility of online registration available??
16 March 2011
Is puja items like rudraksha taxabl under VAT?
Is shaligram a taxable item under VAT?
Is shaligram a taxable item under VAT?
16 March 2011
As per Schedule I (CST Entry No.50) of UK-VAT Rudraksh or Rudraksh Mala/Tulsi Mala is 0% (Zero Percent)VAT. Shaligram is covered under the Schedule II (B) as Rever Bolder (CST Entry 94)taxable @ 4% VAT (UK), but if there is any relaxation for puja items if some one treating Rever Bolder as Shaligram, please confirm the concern Assessing authority.
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