Dear Sir
we are Automobile dealers at salem tamilnadu .We are purchasing vehicles from chennai depot of
our principle and take an input tax credit of 14.5% on purchase price.
we are selling this vehicles to customers under sale rate of vat 14.5%.
we are also selling this vehicles to solid waste management tamilnadu corporations and police
departments while selling to govt depts the rate of tax is 5% .Govt order is there.
but our cto asking taking input 14.5% and sale value vat is 5% is not right .
Please clarify sir our company email id is kmplslm @ yahoo.co.in
CAclubindia
