Answer Posted / abhivirthi tax and industrial
In most of the states in India the rate of tax for Wornout or Beaten Jewellery is 1% and while the Jewellery shop owners purchases Wornout or Beaten Jewellery from customers they charge purchase tax @ 1% (or) pay 1% VAT as purchase tax on the purchases disclosing the turnover as Un-registered dealer purchase.
Answer from:
ABHIVIRTHI Tax and Industrial Consultant
R.R.Jagadeesan
H-63, Palaami Enclave,
New Natham Road
Madurai - 625014
Cell: 9994990599
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
If a nri buys property in india, does he has to pay property tax?
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
how form h fill up?
I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
how to calculate tax for the income earners
we issued the H form for the 1st quarter 2014-15 but in the 2A we posted the wrong TIN no of party and H form is also contains the wrong TIN No.if anybody know the correct procedure for correction of H Form kindly tell us.
How to show reject material in ER1
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?
Explain deferred tax asset?
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?
what is the scope of business taxation in private company?
What is the SEZ formalties in cement Industry?
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
