I would like to know what is rate of VAt applicable for paddy rice in karnataka state & do dealer is required to register under KVAT if it falls under exempt?
CA. Chikkerur C R (PRACTICE) (3584 Points)
05 December 2009I would like to know what is rate of VAt applicable for paddy rice in karnataka state & do dealer is required to register under KVAT if it falls under exempt?
CA Chandra Kishore Bajpai
(Tax Consultant)
(3088 Points)
Replied 07 December 2009
For FY 2008-2009 it was exempt throuh Notification
No.FD 507 CSL 2007 Dated: 20.03.2008 and
For FY 2009-2010 it is exempt through
No .FD 63 CSL 2009 dated: 30.03.2009
subramanya
(Professional)
(907 Points)
Replied 08 December 2009
Originally posted by :Chidambar | ||
" | I would like to know what is rate of VAt applicable for paddy rice in karnataka state & do dealer is required to register under KVAT if it falls under exempt? | " |
1) Paddy 2) Wheat 3)Pulses 4) Flour and soji of rice and wheat & 4) Maida of Wheat are exempts with effect from the 1/4/2009 to 31/3/2010.
With regards,
Subramanya
mc jayaprakash
(Manager Finance)
(27 Points)
Replied 24 January 2011
Sir,
how to start the rice business in karnataka we have to take any registraion for that please help me in this
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)