Clarification on commercial tax in chhattisgarh

Others 861 views 5 replies

I am a Registered dealer in Maharashtra and have completed a work in Chhattisgarh of 6.25 Lacs. The Govt. unit has deducted 2% TDS and 2% Coomercial Tax. Now the contract wsa to Supply, Install and Fix Badminton Floors. I bought this material from Maharashtra itself and took Input of 12.5%. 

Now why should i bear this Commercial Tax and how can i save this. Also do i have to make a output bill.

 

Please Help

Replies (5)
You need to take a temporary registration of VAT under MAHAVAT ACT, then only you can take the benefit of the commercial tax deducted from your account as well as VAT Input credit for purchases made in Maharashtra, else these will be lapsed and will become your cost. Hope an early action of yours will help you save your cost.
I have mentioned that I am a registered dealer and have already taken Input. But how will I get Credit of Commercial Tax also, as it is applicable in Chhattisgarh.
Just by mentioning that you are a registered dealer in Maharashtra will not suffice. If you are not registered under Maharashtra VAT Act, you will not be entitled to take input credit of VAT and also the amount of the tax deducted against you. Hope this solves your query.
Sir I have a MVAT TIN No. And CST No., will that be called a registration, as I have taken input of purchase in previous return
Yes it will do, but then why you are confused. Do you file your returns under MAHA Vat Act. If yes then your company must be registered, if not then you are not registered under the said act. If you are registered, then the company will give you a certificate for the deduction and after producing the same at the time of audit you will get the credit for the same. If not registered then immediately you need to register yourself for taking the benefits.


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