w.e.f 12.07.11 Tamiladu Govt reduce tax rate on fertilizers ( 0%), is CST applicable 2% if sales outside Tamilnadu
Menu
Urgent - cst rate
Replies (1)
MR MANGESH,
I AM WORKING AS GM IN A FERTILISER COMPANY LOOKING AFTER TAXATION. THE EXEMPTION ANNOUNCED FOR FERTILISERS AND PESTICIDES IS GENERAL EXEMPTION COMING UNDER IVTH SCHEDULE OF TAMILNADU VAT ACT. HENCE THE EXEMPTION IS ELEGIBLE FOR INTERSTATE SALES ALSO, WITHOUT C FORM. KINDLY MENTION IN THE BILL THE FOLLOWING NARRATION TO AVOID ANY CHECKPOST PROBLEM,
"PESTICIDES/FERTILISERS ARE EXEMPTED FROM VAT/CST
VIDE SERIAL NO.17 PART B OF IV SCH OF TNVAT ACT"
RENGARAJ R.K
Recent Threads
- Foreign income and bank account
- Unorganised chit amount
- LTCG tax late payment interest
- Post pension deposit in Swiss account
- Max FD super senior citizen can make.
- Capital Gains Tax Bonds
- Timing difference in availment of ITC reporting in
- Import of goods and igst related
- DGFT licence port mismatch with Postal (PAD) impor
- Tax on sale property (Land)
Related Threads
CAclubindia
