Rates
This query is : Resolved
M SURESH BABU
(Querist)
11 July 2012
please provide the present rates of vat, cst, service tax, excise duty and wct
RENGARAJ R.K
(Expert)
12 July 2012
Unless the querist informs the state, the answer cannot be correctly given.
Regarding Service tax the normal rate is 12.36% and Excise duty also 12.36%. The ED rate is not common to all commodities. It starts from 1.03%, 2.06%, 6.18% and 12.36%.The general vat rate is 5% and 14% or 14.5% and it varies state to state.wct also.
There are abatements for certain services and also in excise for certain commodities..
Regarding Service tax the normal rate is 12.36% and Excise duty also 12.36%. The ED rate is not common to all commodities. It starts from 1.03%, 2.06%, 6.18% and 12.36%.The general vat rate is 5% and 14% or 14.5% and it varies state to state.wct also.
There are abatements for certain services and also in excise for certain commodities..
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
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- GST on reimbursement of expenses
- Query on effect of registration of property
- Whether output tax is taken credit by purchaser
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
