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RATE OF VAT APPLICABLE TO ALUMUNIUM SHEET .7 TO .9 GAUGE, VAT + CST |
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RATE OF VAT APPLICABLE TO ALUMUNIUM SHEET .7 TO .9 GAUGE |
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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 Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Whether you have got clarified in the above said issue? If not please inform. Page: 1 Old Query - New Comments are closed. |
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