Abhishek Verma (None) 01 July 2014
I have started my own proprietor firm at Mumbai as a Trader & Consultant. Trader in Garments, stationery, food items, gift items and electrical appliances. All types of consultancy
I have
SERVICE TAX NUMBER
PROFESSIONAL TAX NUMBER
VAT / CST NUMBER
Now my question is when and where the relevant tax is applicable and what will be the tax percentage.
Rahul Jain (Accountant) 01 July 2014
1.) Service Tax is applicable on consultancy fee.
2.) VAT / CST is applicable on trading items in which you are trading like Garments, stationery, food items,
gift items and electrical appliances
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