banner_ad

Payment of tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 March 2012 i have a doubt in payment of vat.

i am a dealer staying at TamilNadu and registered under TNVAT. i purchased some goods from Vadodra by paying CST @ 2%. i sold the goods to a person at TamilNadu by raising an invoice with VAT @ 5%. i am going to issue C Form to the person to whom i purchased goods. my threshold limit is less than 10 lakhs. should i need to pay vat?
Profile Image

ANANDAKUMAR

Profile Image

ANANDAKUMAR (Expert)
23 March 2012 U/S 10 of Act, there is no threshold limit if purchase from Interstate dealers against C Form. So, you have to pay VAT at the rate specified in Act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details