Dear friends,
Is additional VAT applicable on purchase of Capital goods in Gujarat VAT.
Thanks n regards,
gautam kumar vaish
(consultancy)
(94 Points)
Replied 30 December 2009
as in uttar pradesh the state governement has imposed an additional tax @ 0.5% , & 1% on att the goods clarified under 4% and 12.5%. in similar way in some states has imposed such kind of additional tax. for corrrect reference u can see the website and clarification of gujrat governement.
thanks
gautam kumar vaish
shehzad
(accounts executive)
(140 Points)
Replied 30 December 2009
Dear Gautam,
yes in guj it is 1 or 2.5%, but whether it is applicable on capita goods also.
thanks
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