TWO GOODS ARE SOLD JOINTLY BUT INPUT PURCASES ARE DIFFERENT

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CA Hemant T Dewani (Querist)
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20 February 2008 WE ARE SALES TWO GOODS JOINTLY BUT PURCHASES ARE DIFFERENT RATES
FOR EX.4%PURCHASES AND 12.5% PURCHASES
BOTH ARE SALES JOINTLY WHAT IS A SALES TAX
RATE FOR SALES WE DONT BIFURECATE THE ABOVE SALES

shyam kishor porwal

shyam kishor porwal (Expert)
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20 February 2008 Tax rate will be applicable, which ever is higher. (If u can not bifurcate)

CA Saurabh Maheshwari

CA Saurabh Maheshwari (Expert)
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20 February 2008 If no bifurcation can be made between the rates , the higher rate out of the rate shall be considered .

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TWO GOODS ARE SOLD JOINTLY BUT INPUT PURCASES ARE DIFFERENT

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