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VAT SURRENDER FORMULA FOR STOCK TRANSFER IN UTTER PRADESH

RAMAPPA SOMAKKALAVAR

What is the VAT Surrender Formula under UP Commercial Tax with details complete breakup of purchases , sales to be used in formula.

Consult Rule 22(3) of UPVAT Rules 2008 for VAT Surrender Formula on Stock Transfers in Uttar Pradesh. A query was raised regarding the VAT surrender formula for stock transfers in Uttar Pradesh, specifically seeking a detailed breakdown of purchases and sales for the formula. The response directed the inquirer to consult Rule 22(3) of the UPVAT Rules, 2008 for the necessary information. The reply was provided by a management and indirect tax consultancy team. (AI Summary)
VAT + CST
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