Purchase tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 July 2012
Can anyone please guide me what is Purchase tax?
On what all items it needs to be paid and at what rate?
If it is paid, can the set off be done.
On what all items it needs to be paid and at what rate?
If it is paid, can the set off be done.
RENGARAJ R.K
(Expert)
05 July 2012
If you purchase any material from URD (unregistered dealer), purchase tax is levied. Such purchase tax is eligible for set-off. There are certain products, the point of levy is last purchase, in some states. This is also called purchase 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
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- Capitalgain tax purposes for valuation report compulsory
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- 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
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
