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

FOC warranty

VAT and Sales Tax - Started By: - suresh ramu - Dated:- 27-11-2015 Last Replied Date:- 3-12-2015 - Dear all Pl clarify about would attract VAT/CST. - Reply By Ganeshan Kalyani - The Reply = Warranty is service and not sale. Vat is on sale consideration and thus warranty should not be taxed under Vat / Cst. - Reply By KASTURI SETHI - The Reply = Rightly explained by Sh.Ganeshan Kalyani Ji. - Reply By YAGAY AND SUN - The Reply = Dear Suresh,If under warranty, any inputs, components, raw material o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e I.e. if any thing happens during the warranty period then the service will be rendered. Hence service tax provision is certainly applicable. - Reply By Vivek anandhan - The Reply = Dear all : We are not going to collect service charges for service provided during warranty period then how Service Tax will attract. - Reply By KASTURI SETHI - The Reply = Dear Sh.Suresh Ramu Ji, As per dictionary meaning, warranty is a written guarantee, issued to the purchaser of an article by its manufacturer, p .....

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