Tendu leaf sales require seller-collected tax, subject to a manufacturing-use declaration exception and no monetary threshold. Sale of tendu leaves attracts tax collection at source by the seller at 2%, collected at the earlier of debit of the buyer's account or receipt of ... Summary
Tendu leaf sales require seller-collected tax, subject to a manufacturing-use declaration exception and no monetary threshold.
Sale of tendu leaves attracts tax collection at source by the seller at 2%, collected at the earlier of debit of the buyer's account or receipt of payment. No monetary threshold applies. Collection is not required where a resident buyer furnishes a declaration for use in manufacturing, processing, production, or generation of power rather than trading.
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