I have a question about the 10% surcharge / additional tax that went into affect last month. So the 5% gets an addtional 0.5% correct? and the 12.5% gets an addtional 1.25% correct? Does this additonal tax need to stated separately or can you show it as 5.5% and 13.75%? Does the surcharge apply to CST? Thank you.
surcharge is applicable on both 5 & 12.50 % vat ..
and it will be shown separate on invoice ..
surcharge is not applicable on cst
Thank you very much. A follow up...how can one tell that surcharge does not apply to CST?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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