Reduction rule

577 views
User Avatar

Accountant
50 Points Posted on 19 April 2013

Dear All,

1) Under reduction rule 53 of maharashtra vat what is the   %  of reduction on fixed assets purchased & packing  exp. (from FY12-13) ?

2) The Assets Purchased with VAT & non VAT whal will be the effect in gross total purchases.?

 

Thanks & Regards,

vinayak

0 Reply Share Follow
On 19 April 2013 at 16:36 Report
Replies (1)
User Avatar

CA Student
102 Points Posted on 24 April 2013

Reduction for set off will be 3% of purchase price for fixed assets and 2% of purchase price in case of packing materials... 

Reply
On 24 April 2013 at 14:37

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
  2. Advance for supply of goods
  3. Question for members: how do you manage client doc
  4. Clarification Required on Invoicing and Receipt of
  5. SEBI Registered VS NSDL Registered RTA
  6. Income tax or capital gain tax for Resident Indivi
  7. PCIT-1 Thane Email address
  8. CA Fees deduction for non audit case allowed?
  9. 5th Letter PAN Mismatch with Surname issues still
  10. Criteria to hire an article

More recent discussions | Post

Related Topics :

Loading