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TMI BlogSALE OF STEAMX X X X Extracts X X X X X X X X Extracts X X X X ..... One of my client is having surplus steam generated, which it intends to sell. Whether VAT will be applicable on it. Thanks - Reply By Rama Krishana - The Reply = I have tried to find specific in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... formation about vat on steam. But, could not found. It appears that in many states it is levied at 12.5% as residual entry. - Reply By vishal sharma - The Reply = Thanks Mr. Ram Krishana for your op ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inion. However by going thru the west bengal schedule of vat rates,I did not find any item named STEAM or having the chemical property like that of STEAM. Do you mean to say it may be classified u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nder residual category. Like in West Bengal there are schedules notified, and item falling under that particular schedule will attract rate specified for that particular schedule. However scheule CA i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s meant for "LIST OF GOODS TAXABLE AT 12.5%", AND description of goods says that "ALL OTHER GOODS NOT SPECIFIED IN SCHEDULE A, B, C OR D'. Awaiting for your valuable reply Thanks Vishal Sharma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - SALE OF STEAM - Query Started By: - vishal sharma Dated:- 17-3-2011 Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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