Urgent !! VAT rate in Mumbai For Iron & steel Trader
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 April 2010
I want to know what will be VAT rate in Mumbai For Iron & steel Trading Co, wef 1.4.2010 (Whether it is 5%(New) or 4%(unchanged)?? pls reply soon as we have to prepare bills for 1.4.2010
02 April 2010
Iron and steel are covered under declared goods hence liable for tax under any state vat act not more than 4%.For detailed goods covered under the category iron & steel see my article at the following link:
https://www.taxguru.in/goods-and-service-tax/summary-of-provisions-related-to-declared-goods-under-the-cst-act-1956.html
https://www.taxguru.in/goods-and-service-tax/summary-of-provisions-related-to-declared-goods-under-the-cst-act-1956.html
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
- House Property Reporting in ITR
- TDS Claim year
- TDS Challan Code
- Relief u/s Section 89
- Rent lease agreement
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- CCFS 2026 Schemed
- Entries in AIS regarding sale of units and shares
- Merchant Export Accounting
- Lease agreement and tax on sale
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
