RATE OF VALUE ADDED TAX , VAT + CST

[SURYAKANT MITHBAVKAR]

our organisation is in Maharashtra if we are buying some materials from Faridabad please guide us rate of Central Sales Tax .

Posts / Replies

[Pradeep Khatri]

The tax rate under Haryana Value Added Tax would be 5.25% or 12.50% + Surcharge @ 5% on tax amount.  If you are able to provide the C form, then it would be 2% against C form.

Please clarify the classification of the material which you intent to purchase from Faridabad.  If this material falls under Schedule C of the HVAT Act, 2003 as amended time to time, then it would attract tax according to the Schedule C, otherwise peak rate would be applicable.