Sandeep Rawat (Sr. Accounts Officer) (49 Points)
18 September 2015A company "X" is selling its used earthmoving machine that is registered with RTO Madhya Pradesh.
What Vat Tax % is to be charged over the Sale Invoice for such a sale.
S JEEVARETHINAM
(Sr Manager Finance and Taxation)
(137 Points)
Replied 18 September 2015
As per MP VAT Schedule 2 II, 30B. It is 5% Tax. please login to official website and always refer VAT Schedule. Item wise product and tax rate are classified.
Triple A Overseas Limited
(2 Points)
Replied 08 January 2016
We have purchase Machinery and Plastics scrap from other state to Madhya Pradesh .What Entry Tax % is to be charged Purchase Invoice and How to save the Entry Tax
please Reply me sir
Thanks
Triple A Overseas Limited
(2 Points)
Replied 08 January 2016
We have purchase Machinery and Plastics scrap from other state to Madhya Pradesh .What Entry Tax % is to be charged Purchase Invoice and How to save the Entry Tax
please Reply me sir
Thanks
CAclubindia
