Haryana - Surcharge on VAT 5%

Does this also apply to CST?  Is this 5% or 5% of existing rate...  eg  12.5 plus 5%  or 12.5 plus .625%   ?

Thank you

There seems to be some confusion regarding the additional VAT @ 5% as per Sec 7A of Harayana VAT Act. Whether the above 5% is applicable as surcharge or Additional Tax.

Secondly whether surcharge needs to be paid on all the VAT rates i.e 5% CST and 12.5% VAT?  Also whether setoff is available incase of surcharge both in CST and Haryana VAT?

Request to please clarify regarding its apllicability .

This is the Additional Surcharge on VAT. At present  Rate is For. Ex 5%, the new rate will be

on Assessable Value               Rs 100

VAT 5%                                        Rs     5

Surcharge on VAT                     Rs 0.25

Total Invoice Value                   Rs 105.25

The Surcharge will be apply only on the VAT Rates as cleared Mentioned in the Notification. So will not apply on the CST Rates. Also I think State Goverment has no power to levy the Surcharge on CST. The CST Revenue Goes to the Central Goverment and this surcharge has been levied under harayana Budget to accumlate the revenue from State and utilisation with in State. So no Surcharge on CST.

The surcharge will not be applicable to:

1. declared goods as specified under Section 14 of the Central Sales Tax Act, 1956 and
2. Retailers who have preferred Composition option

In all other cases surcharge shall be applicable.

CA. Sanjeev Singhal

I agree with Mr.Sanjeev Kumar

In addition, if the Interstate sales are not of declared goods and against Form C, then as the local vat rates are applicable, Surcharge is also applicable.

With Regards,

Subramanya

thanks 2 all

please note that the notification of surcharge of 5% is applicable from 2ND april 2010 and not from 1ST april 2010

Dear Subhash,

This applies to CST as well except  sale against Form-C and Declared goods u/s 14 of the CST Act. This is surcharge on tax like 5% on 12.5% = 13.125% 

CA.Sanjeev Singhal

If we sell in chandigarh & delhi & himachal then what is the surcharge on vat

what is the CST rate from haryana to delhi, chandigarh & himachal with form c & without form c

Can Surcharge  charges on CST Sale without c form.?

Can anybody tellme what is the vat on Tyre and rubber products in Haryana. It will be a great help.

Pls. treat it urgent.

Regards

Chaitanya

Dear all,

can we take setoff for aditional surcharge @ 5%