CANE FURNITURES, VAT + CST

[SENTHILVEL SENTHIL]

SIR IAM BUYING CANES FROM ASSAM AND UP AND MAKING FURNITURES OUT OF IT. WILL IT COME UNDER VAT, IF SO WHAT %

PL ADVISE

Posts / Replies

[YAGAY AND SUN]

Dear Senthilvel Senthil

Advance Ruling No. 076/2014-15, dated 24.12.2014 - Cane Furniture

It is clarified that ‘Cane furniture’ is taxable @ 14.5% as an unclassified commodity under Entry 69 of Part C of First Schedule to TN VAT Act, 2006.

This is for your kind information.

Regards,

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

[Ganeshan Kalyani]

Tamil Nadu Commercial Tax website has a facility to view the Advance Ruling sought by the registered dealer. This would certainly help the dealer having doubt with respect to rate of tax on a particular product.