Venkkatesh K Uncategorized CST, E-Filing, e-Returns, indirect-tax, Statutory Forms, VAT 220
As a VAT Dealer from Andhra Pradesh State you have direct permission to obtain the CST Waybill, or VAT Waybill from the AP Commercial Taxes Department website through online process. The Department has make it available through the Dealer Login portal. Login to your VAT Dealer Account with your 11 digit TIN number and password. […]
Venkkatesh K Uncategorized indirect-tax, VAT 0
A Value Added Tax or “Value-added” Tax is an acronym for VAT. It is a form of consumption tax which is collected ultimately from the final consumer on the purchase price. The Manufacturer or Dealer remits to the government Tax on “Value Added” for selling price over the produced or purchased material or services cost […]
Venkkatesh K Uncategorized India, indirect-tax, Service Tax 0
Central Board of Excise and Customer (CBEC), on July 10, 2012, clarified that remittances of Foreign Currency from abroad would not attract Service Tax of 12% . The CBEC explained that in the Service Tax Negative List regime, ‘service’ has been defined in Clause (44) of Section 65B o the Finance Act, 1994, as amended, […]
Venkkatesh K Uncategorized India, indirect-tax, Service Tax 0
As per the new dispensation of Mr. Pranab Mukherjee, Union Finance Minister here on June 20, 2012 there new 14 Service Tax-Exempt Negative List is included with which the total will be mount up to 38. Apart there 119 Service Tax Positive list which will Tax Payable. Which are furnished below. Service Tax Positive List […]
Venkkatesh K Uncategorized India, indirect-tax, Service Tax 0
Here on June 20, 2012 Mr. Pranab Mukherjee, Union Finance Minister included 14 more services under Negative list to skip them from the Service Tax Positive List under the new dispensation (special permission, especially from a religious leader, to do sth that is not usually allowed or legal) that is slated to come into effect […]
Venkkatesh K Uncategorized exempted-list, India, indirect-tax, Service Tax, Taxation 0
The Mr. Pranab Mukherjee, Finance Minister has amended Tax rates in the Finance Budget 2012 – 2013, as in the same way he as increased the Service Tax rate with 2% w.e.f March 1st, 2012. So, the people will have to bear extra service charge as they are accustomed to the services in today’s life […]
Venkkatesh K Uncategorized andhra-pradesh, commercial-tax, India, indirect-tax, sales-tax, Taxation, VAT 0
The State Government of Andhra Pradesh increases the VAT (Value Added Tax), rates from Four to Five Percent(%) on various goods about 3,000 under food grains, textiles, garments and all industrial inputs, which lead the price hike on the same in the reign of Mr. Kiran Kumar Reddy, CM on his birthday by releasing a […]