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Rajasthan State Tax rate Increased from 4% to 5%.
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Sales tax Registration Limit increased from 5 lac to 10 lac.
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No quarterly return required if total tax in last year is less than rs 20,000.
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Composition tax increase from 0.25% to 0.50%.
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Now hotel industry is in relaxation mode bcoz taxes are charged @ 5% tax instead 14%
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any comment please give on this.
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State Level Budget (Rajasthan)
Replies (5)
| Originally posted by : Naresh Nagpal (Cwa-Final) | ||
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Rajasthan State Tax rate Increased from 4% to 5%. Sales tax Registration Limit increased from 5 lac to 10 lac. No quarterly return required if total tax in last year is less than rs 20,000. Composition tax increase from 0.25% to 0.50%. Now hotel industry is in relaxation mode bcoz taxes are charged @ 5% tax instead 14% any comment please give on this. |
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than what is the tax rate on iron scrap. please reply
Every type of iron taxable @ 5%
Every type of iron taxable @ 5%
When will this new vat rate @ 5% be effective or will be apply???
Is this from immediate effect or from 1st apr 2010???
It will be effective after the announcement of budget i.e. from 10 march onwards.
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