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PACHAI NAYAKI A/C;

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....ACHAI NAYAKI A/C;<br> Query (Issue) Started By: - PACHAI NAYAKI Dated:- 12-2-2019 Last Reply Date:- 17-2-2019 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>DEAR SIR, WE HAVE SOLD &quot;GEAR BOXES....

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....&quot; 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% AND WE ARE LIABLE TO PAY THE B....

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....ALANCE 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 Reply: Please inform whether the....

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.... 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 does not amount to 14.5% then you ma....

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....y 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 the rate applicable for the product.<br> D....

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....iscussion Forum - Knowledge Sharing ....