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VAT rate undertaking

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..... VAT rate undertaking
Query (Issue) Started By: - ganeshan kalyani Dated:- 3-12-2014 Last Reply Date:- 6-12-2014 VAT + CST
Got 1 Reply
VAT / Sales Tax
Dear Sir, A manufacturer is supplyi .....

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..... ng a product to retailer who intern sells it to customer. We are levying VAT @ X rate, and selling to retailer. The retailer is asking in writing from us by way of affidavit / undertaking regardin .....

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..... g the applicable rate of tax on the product. I would request to highlight if there is any provision in the VAT Act / Rule regarding any such declaration. regards, ganeshan Reply By Pradeep Khatri: .....

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..... The Reply: Dear Ganeshan, Mentioning of VAT Rate of a product on an Affidavit has no sanctity under the MVAT Act. However, you may get Determination of Disputed Question on payment of fees from the .....

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..... MVAT Department that particular product attracts a particular VAT rate. Please check the Section 56 of the Maharashtra VAT Act. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consult .....

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..... ants)
Discussion Forum - Knowledge Sharing .....

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