Please Help: DVAT
Posted Date : 02-Jan-2014 , 09:35:13 pm | Posted By: VIJAY KUMAR SINGHAL
Category :
VAT | Answers :
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Comments :
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In case of items of 1% tax rate i.e. bullion etc.what is the rate to be charged for central sales ag. C form & without C form ? |
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Answers:
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 Answer by: Shankygarg |
| IN THIS CASE LOWER OF LOCAL VAT RATE AND CST IS TO BE CHARGED i.e. 1% CST will be charged.
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| Comments |
| Posted By : Sanjeev Kumar Goel |
04-Jan-2014, 02:26:43 |
| Sale against Form C the rate of tax is 1% and without Form C is the local rate of tax is applied but if the local rate of tax is lower than the tax rate against Form C that is lower than 2% then the lower rate of tax will be applicable against Form C sale. In this case Form C is immaterial as the local rate of tax is less than 2%. |
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| Posted By : RAHUL SATIJA |
04-Jan-2014, 12:09:06 |
| The rate will be 1 %, it does not matter whether you are taking C form or not. |
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