Is sales tax payable on commodities on rental
Answers were Sorted based on User's Feedback
Answer / syed iliyas
sales tax is payable on commodities sales price
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / nagender singh
SALES TAX IS PAYABLE ON COMMODITIES TAXABLE AMOUNT
| Is This Answer Correct ? | 4 Yes | 0 No |
What is Sale in Transit Transaction and what are the forms issued and get form parties ?
if a product arrives to us at mrp price of 205 and vat percentage is 12.5%, how to bill for the customers
Central Railway i.e. Central Govt. takes material through works Contract in Maharashtra State.The contractor purchases material from other states say M.P. or U.P. state. Due to inter state purchase of material the contractor is asking for C form. Whether Central Railway is eligible to get C form? Whether we will able to get C Form from Sales Tax Dept. so as to hand over to contractor ?
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Dear All, My query is related to capital gain on house property. If a pair of husband and wife have four houses in joint name comprising three residential house and last one is commercial property. Now question is that if they sold all property for Rs. 1.00 Crore and took a new residential property for Rs. 1.25 Crore. So are they eligible to full tax exemption u/s 54 and 54 f and they had to not pay any amount of Income tax? And they have also taken a Rs. 25.00 Lacs housing loan to invest the last one. So are they can take deduction u/s 24B and 80C as well? Please note that they have all property in joint name and share is 50% of each. Please guide me for this.
IS THERE ANY TDS APPLICABLE ON AMC OF AC MACHINE
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Is t.d.s deducted on Freight including Service Tax ?
we have received " c" form against full rate of tax i.e 12.5% from the customers can we summiting in sales tax department for taken a refond as consisnal rate i.e 2% sale against "c" form , but party hasebeen mantion on the back side of from all value inclusive of taxes i.e full rate of tax can we utilised this form for consosnal rate ?