Bicycle tyre tubes taxable @ 5 % or 4% under PUNJAB VAT ?
This query is : Resolved
11 February 2010
Sir ,
Recently PUNJAB Govt. has introduced a new schedule CI under which all items are taxable @ 4% and all items in schedule B taxable @ 5%.
Could you kindly tell whether bicycle tyre/tube fall under declared goods of CST Act 1956 thus taxable @ 4% OR taxable @ 5% under schedule B ?
Recently PUNJAB Govt. has introduced a new schedule CI under which all items are taxable @ 4% and all items in schedule B taxable @ 5%.
Could you kindly tell whether bicycle tyre/tube fall under declared goods of CST Act 1956 thus taxable @ 4% OR taxable @ 5% under schedule B ?
11 February 2010
hi pankaj, its @4 %.
regards
regards
12 February 2010
Sir
Thanks for your reply.
So is bicycle tyre falling under the category of declared goods under CST Act 1956 ?
Plz reply..
Thanks for your reply.
So is bicycle tyre falling under the category of declared goods under CST Act 1956 ?
Plz reply..
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