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Answer Posted / pearl marsada
There are 6 nature of taxation
1. for public purposes
2. it is inherently legislative
3. it is a territorial in application
4. it is subject to limitations under International comity
5. taxation distinguished from Police Power and Eminent Domain
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Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
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