what rate will be applicable for a regd. dealer in gujarat if selling goods to a party in Kolkata?? reply as soon as possible..
what rate applicable?
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Interstate VAT rate depends on seller's state schedule; concessional rate may apply where buyer furnishes Form C.
The VAT rate for interstate sales is governed by the tax schedule of the State from which goods are sold; scheduled lower rates apply unless the purchaser furnishes a valid Form C, in which case a concessional rate applies, while goods subject to the selling State's peak rate must attract that peak rate including any applicable cess or additional tax. (AI Summary)
The VAT rate for interstate sales is governed by the tax schedule of the State from which goods are sold; scheduled lower rates apply unless the purchaser furnishes a valid Form C, in which case a concessional rate applies, while goods subject to the selling State's peak rate must attract that peak rate including any applicable cess or additional tax. (AI Summary)
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