PACHAI NAYAKI A/C;

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..... DEAR SIR, WE HAVE SOLD GEAR BOXES INTRA STATE TAMILNADU WITH VAT RATE OF 5% FOR THE FY 2016-17. WE HAVE RECEIVED NOTCE FROM TNVAT DEPT STATING THAT THE GEAR BOXES WERE FALL UNDER TAX RATE OF 14.5% .....

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..... AND WE ARE LIABLE TO PAY THE BALANCE TAX IE. 14.5% LESS 5%. IS THI CORRECT ? IF YES PLEASE FURNISH THE NOTIFICATION IF ANY PACHAI NAYAKI ACCOUNTS - ETAPL - Reply By DR.MARIAPPAN GOVINDARAJAN - The .....

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..... Reply = Please inform whether the Revenue indicated the reasons for the levy of VAT @ 14.5% from 5%. If they furnish any tariff head then find the tax rate with reference to the tariff head. If it .....

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..... does not amount to 14.5% then you may filed reply to show cause notice accordingly. - Reply By Ganeshan Kalyani - The Reply = In this regard, the schedules of VAT rate to be referred to determine th .....

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..... e rate applicable for the product. - PACHAI NAYAKI A/C; - Query Started By: - PACHAI NAYAKI Dated:- 12-2-2019 Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Kno .....

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..... wledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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