PACHAI NAYAKI A/C;

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..... PACHAI NAYAKI A/C;
Query (Issue) Started By: - PACHAI NAYAKI Dated:- 12-2-2019 Last Reply Date:- 17-2-2019 VAT + CST
Got 2 Replies
VAT / Sales Tax
DEAR SIR, WE HAVE SOLD "GEAR BOXE .....

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..... S" INTRA STATE TAMILNADU WITH VAT RATE OF 5% FOR THE FY 2016-17. WE HAVE RECEIVED NOTCE FROM TNVAT DEPT STATING THAT THE GEAR BOXES WERE FALL UNDER TAX RATE OF 14.5% AND WE ARE LIABLE TO PAY THE .....

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..... BALANCE TAX IE. 14.5% LESS 5%. IS THI CORRECT ? IF YES PLEASE FURNISH THE NOTIFICATION IF ANY PACHAI NAYAKI ACCOUNTS - ETAPL Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Please inform whether th .....

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..... e Revenue indicated the reasons for the levy of VAT @ 14.5% from 5%. If they furnish any tariff head then find the tax rate with reference to the tariff head. If it does not amount to 14.5% then you m .....

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..... ay filed reply to show cause notice accordingly. Reply By Ganeshan Kalyani: The Reply: In this regard, the schedules of VAT rate to be referred to determine the rate applicable for the product.
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..... Discussion Forum - Knowledge Sharing .....

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