Dear All,
Now VAT rate in Maharashtra of Schedule C Goods incresed from 4% to 5%.
What is CST rate of schedule C Goods without C form in Maharashtra?
Thanks in Advance
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 06 April 2010
CST 5% without C-Form, With C-Form 2%
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 06 April 2010
As per the above new notification no. 1510/CR 47/Taxation-1 dt. 10-03-2010 issued by the Finance department of Maharashtra State government the goods which were covered under Schedule Entry – C and on which 4% VAT tax was applicable will be now changed to 5% Vat rate with effect from 01-04-2010, except the following which will be continued to charged 4 %.
LIST OF GOODS FOR WHICH THE RATE OF TAX IS 4%
Sr. No. | Name of the commodity | Rate of Tax |
(1) | (2) | (3) |
4 (a) | cotton yarn not including cotton yarn waste . | 4% |
8 |
Aviation Turbine Fuel sold to a Turbo-prop aircraft
Explanation: For the purposes of this entry “Turbo-prop Aircraft” means an aircraft deriving thrust mainly from propeller, which may be driven by either turbine engine or piston engine |
4% |
20 (new entry) |
During the periods starting on or, after 1st April 2010:-
Paddy and rice, wheat and pulses in whole grain, split or broken form. |
4% |
22 | Coal including coke in all its forms but excluding charcoal. | -do- |
25 | Cotton, that is to say, all kinds of cotton (indigenous or imported) in its unmanufactured state, whether ginned or unginned, baled, pressed or otherwise including cotton waste. | -do- |
27 |
Crude oil, that is to say, crude petroleum oils, and crude oils obtained from bituminous minerals (such as shale, calcareous rock, sand), whatever their composition, whether obtained from normal or condensation oil deposits or by the destructive distillation of bituminous minerals and whether or not subjected to all or any of the following processes:-
(1) decantation; (2) de-salting; (3)dehydration; (4) stabilisation in order to normalise the vapour pressure; (5) elimination of very light fractions with a view to returning them to the oil deposits in order to improve the drainage and maintain the pressure; (6) the addition of only those hydrocarbons previously recovered by physical methods, during the course of the above mentioned processes; (7) any other minor process (including addition of pour point depressants of flow improvers) which does not change the essential character of the substance. |
-do- |
45 | Hides and skins, whether in raw or dressed state | -do- |
55 |
Iron and steel, that is to say,
(i) pig iron, spong iron and cast iron including ingots, moulds, bottom plates, iron scrap, cast iron scrap, runner scrap and iron skull scrap; (ii) steel semis (ingots, slabs, blooms and billets of all qualities, shapes and sizes); (iii) skelp bars, tin bars, sheet bars, hoe bars and sleeper bars; (iv) steel bars (rounds, rods, square flats, octagons and hexagons, plain and ribbed or twisted in coil form as well as straight lengths).; (v) steel structurals,(angles, joints, channels, tees, sheet pilling sections, Z sections or any other rolled sections); (vi) sheets, hoops, strips, and skelp, both black and galvansied, hot and cold rolled, plain and corrugated, in all qualities in straight lengths and in coil form as rolled and in revetted conditions; (vii) plates both plain and chequered in all qualities; (viii) discs, rings, forgings and steel castings; (ix) tool, alloy and special steels of any of the above categories; (x) steel melting scrap in all forms including steel skull, turning and boring (xi) steel tubes, both welded and seamless, of all diameters and lengths, including tube fittings;(xii) tin plate, both hot dipped and electrolytic and tin free plates;(xiii) fish plate bars, bearing plate bars, crossing sleeper bars, fish plates, bearing plates, crossing sleepers and pressed steel sleepers, rails heavy and light crane rails;(xiv) wheels, tyres, axles and wheel sets; (xv) wire rods and wires-rolled, drawn, galvanized aluminized, tinned or coated such as by copper;(xvi) defectives, rejects, cuttings or end pieces of any of the above categories |
-do- |
57 | Jute that is to say, the fiber extracted from plants belonging to the species Corchorus Capsularies and Corchorus oiltorius and the fiber known as mesta or bimli extracted from plants of the species Hibiscus Cannabinus and Hibiscus subdariffa-varaltissima and the fibre known as Sunn and Sannahemp extracted from plants of the species Crotalaria Juncea, whether baled or otherwise. | -do- |
68 |
Oil seeds, that is to say:-
(i) Groundnut or Peanut (Arachis hypogaea); (ii) Sesamum or Til (Sesamum Orientale); (iii) Cotton seed (Gossypium Spp.); (iv) Soyabean (Glycine seja); (v) Rapeseed and Mustard- (1) Torta (Brassica Campestris var toria); (2) Rai (Brassica Juncea); (3) Jamba-Taramira (Eruca sativa); (4) Sarson-Yellow and brown (Brassica campestris var sarson); (5) Banarasi Rai or True Mustard (Brassica nigra); (vi) Linseed (Linum usitissimum); (vii) Castor (Ricinus communis); (viii) Coconut (i.e. Copra excluding tender coconuts) (Cocos nucifera); (ix) Sunflower (Helianthus annus); (x) Nigar seed (Guizotia abyssinica); (xi) Neem, vepa (Azadirachta indica); (xii) Mahua, Illupai, Ippe (Madhuca indica, M.Latifolia, Bassia, Latifolia and Madhuca longifolia Syn. M. Longifolia); (xiii) Karanja, Pongam, Honga (Pongamia Pinnata Syn. P. Glabra); (xiv) Kusum (Schlechera Olcosa, Syn. S. Trijuga); (xv) Punna undi (Calophyllum, inophyllum); (xvi) Kokum (Carcinia indica); (xvii) Sal (Shorea robusta)(xviii) Tung (Aleurites fordii and A. Montana)(xix) Red Palm (Elaeis guinensis)(xx) Safflower (Carthanus tinctorius) |
-do- |
101 (a) (New enrty) | Fabrics and sugar as defined from time to time, in section 14 of the Central Sales Tax act, 1956 | 4% |
101 (b) |
Varieties textile and textile articles as may be notified from time to time by the State Government in the Official Gazette. | 5% |
Note : Entry no. 20 and enrty no. 101 (a) is new enrty.
Note : If the goods are sold Out of Maharashtra without “C” form than the tax as applicable in Maharashtra state will be applicable for this sale.