Additional VAT in Gujrat
This query is : Resolved
Deepak Agrawal
(Querist)
04 April 2009
Hi All,
There is some concept of additional VAT in gujrat. Please send me the details of of the same. Let me know at what rate is is charged, on what it is applicable, etc.
I think its 2.5 % in addition to 12.5% VAT. The nomenclature i have used as additional VAT may be different.
There is some concept of additional VAT in gujrat. Please send me the details of of the same. Let me know at what rate is is charged, on what it is applicable, etc.
I think its 2.5 % in addition to 12.5% VAT. The nomenclature i have used as additional VAT may be different.
Taranjit Singh
(Expert)
04 April 2009
NEWS DATE: Feb.26,2008
Additional VAT in gujrat:
The state will raise the value-added tax (VAT) rate by 1 percentage point to 2.5 percentage points. It will impose additional tax of one paisa on goods that are currently being taxed at the rate of four paise under VAT whereas there will be an addition of 2.5 paise for other taxable goods where VAT is currently 12.5 paise.
The state government has, however, spared petrol, diesel, declared and exempted goods from the burden of additional tax.
Additional VAT in gujrat:
The state will raise the value-added tax (VAT) rate by 1 percentage point to 2.5 percentage points. It will impose additional tax of one paisa on goods that are currently being taxed at the rate of four paise under VAT whereas there will be an addition of 2.5 paise for other taxable goods where VAT is currently 12.5 paise.
The state government has, however, spared petrol, diesel, declared and exempted goods from the burden of additional tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
