what is rate of vat on gold ?
and what is the rate of tax applicalbe on sale of gold in
case of interstate sale ?
Answer Posted / kulwant singh
1%
Is This Answer Correct ? | 47 Yes | 14 No |
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#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
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