Vat and cst
pavani.pothugunta
(Querist) 19 June 2012
This query is : Resolved
goods sold to outer state government are taxable or not?if taxable,it attracts vat or cst?
R K JAIN
(Expert) 19 June 2012
Yes, the sale to government is taxable.
Shonee Kapoor
(Expert) 19 June 2012
Yes, it is.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Suhail A.Siddiqui
(Expert) 19 June 2012
With out exemption Govt. or Govt department are taxable.
R Trivedi
(Expert) 20 June 2012
The sale from State A to State B shall be governed by Central Sales tax rules. Prevailing tax rates are 2% against C From or full VAT rate (as applicable in selling state on that product) if no C From.
Normally state government departments do not issue C froms and hence full VAT rate shall be applicable as far as tax liability is concerned.
R Trivedi
(Expert) 20 June 2012
The sale from State A to State B shall be governed by Central Sales tax rules. Prevailing tax rates are 2% against C From or full VAT rate (as applicable in selling state on that product) if no C From.
Normally state government departments do not issue C froms and hence full VAT rate shall be applicable as far as tax liability is concerned.
