Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

From unbranded sellers - Tamilnadu

VAT and Sales Tax - Started By: - Ponnukumara Samy - Dated:- 12-7-2015 Last Replied Date:- 21-7-2015 - HiWe purchase old furnitures from Unbranded sellers and also from houses and then refurbish it and sell it . We are registered dealer with showroom with VAT and CST. How to treat this unbranded purchase of wooden furnitures in to account and any extra tax to be paid for this unbranded purchase.Thanks in advance.RegardsPonnukumar - Reply By YAGAY AND SUN - The Reply = Dear Ponnu,If your are payi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

published from government supporting it.RegardsPonnu - Reply By SURENDRA BABU MUTHYALA - The Reply = No.1 is You have to pay purchase tax on the old and unbranded furniturenas per the provision read below:Section 12. Levy of purchase tax .- (1) Subject to the provisions of sub-section (1) of section 3, every dealer, who in the course of his business purchases from a registered dealer or from any other person, any goods (the sale or purchase of which is liable to tax under this Act), in circumsta .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version