Rule 4 of Central Sales Tax (Delhi ) Rules, 2005 reads as hereunder:Reconciliation Return (1) In addition to the returns required under rule 3, every dealer shall also furnish t..
Arjuna (Fictional Character): Krishna, Honorable Finance Minister of Maharashtra, Mr. Sudhir Mangutwar has announced the State Budget for Maharashtra State on the of 18th Marc..
VAT on Service Tax Part of Billing Section 2 (25 ) States(25) 'sale price' means the amount of valuable consideration paid or payable to a dealer for any sale made including any sum charged for anything done by the seller in respect of t..
Changes in requirements of VAT-47A/ VAT -47A required:� Non-ferrous metals, alloys and wires thereof substituted in place of Copper in all its forms including wires.� Tobacco and Tobacco products, cigarette, pan masala, & churi replaced..
Preparation of State Govt. before BudgetGive bill wise Purchases and SalesArjuna (Fictional Character): Krishna, Maharashtra Sales Tax Department has proposed changes in the process and procedures of filing of returns, registration, assessment, appea..
In an era of zealous consumers wanting everything at the drop of a hat, we see a number of new start-ups mushrooming everyday with their unique and ingenuous ideas. We recently met the founderts of one such start-up (�Company�) that made ..
Introduction: In order to curb tax evasion of selected notified commodities which are brought into the State and sold without..
A dealer can stock transfer the goods from his one place of business to another place of business and this transaction is not taxable under the Central Sales Tax Act, 1956. The goods transferred to another place of business for sale may be treated as..