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RATE OF VAT APPLICABLE TO ALUMUNIUM SHEET .7 TO .9 GAUGE, VAT + CST

Issue Id: - 106725
Dated: 20-4-2014
By:- BAL KRISHAN GARG

RATE OF VAT APPLICABLE TO ALUMUNIUM SHEET .7 TO .9 GAUGE


  • Contents

DEAR ALL MEMBERS,

ONE OF MY CLIENT IS USING .7 MM TO .9 MM ALU.SHEET FOR MAKING CEILING FAN BLADES AND PURCHASING THE ALU.SHEETS FOR THE ABOVE GAUGE .

VAT COMM. AS PER DETERMINATION ORDER DT.27/01/2014 SPECIFIED THAT 2.50 MM THICKNESS SHEET TO BE TAXED AT 12.5 percent VAT RATES . ONE OF MY CLIENT SUPPLIER OF ALU.SHEET IS IN THE IMPRESSION THAT VAT RATES SHOULD BE APPLIED AS 12.5 percent INSTEAD OF 5 percent TAXES APPLIED EARLIER BEFORE 27/01/2014 .

I AM OF THE IMPRESSION THAT IT SHOULD BE APPIED AS 5 percent INSTEAD OF 12.5 percent BECAUSE THE COMMISSIONER HAD MENTIONED THE THICKNESS AS 2.5 MM SHEET VIDE IN HIS ORDER .

I WILL BE THANKFUL TO ALL IF SOMEBODY MAY CLARIFY THE SAME AND HIGHLY OBLIDGED .

B.K.GARG

CHARTERED ACCOUNTANT

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1 Dated: 15-12-2015
By:- MARIAPPAN GOVINDARAJAN

Whether you have got clarified in the above said issue? If not please inform.


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