WebDept. of Sales Tax RATE OF TAX ON ASSAM VALUE ADDED TAX ACT, 2003 FIRST SCHEDULE ¬ List of exempted goods SECOND SCHEDULE ¬ List of goods taxable at … http://idtc-icai.s3.amazonaws.com/download/Technical-Guide-Assam-VAT-final.pdf
THE ASSAM GAZETTE - India Code
Web(i) Assam VAT Act, 2003 came into effect from 1st day of May, 2005. (ii) Registration of a dealer is compulsory under Assam VAT Act irrespective of has their turnover. (iii) A registered dealer can issue tax invoice to an unregistered dealer in respect www of taxable sales. (iv) News papers are treated as goods under Assam VAT Act WebAug 10, 2024 · GUWAHATI: The Assam Assembly on Monday passed six amendment Bills including one that made certain changes in the state's Goods and Services Tax Act and … o\u0027reilly campground
Garodia & Associates CA Firm Based at Guwahati
WebThe implementation of VAT in India helped the economy in removing monetary barriers like double taxation of Central Sales Tax. Like other states, Value Added Tax in Assam came into force on 1st May 2005. Under this Act, every kind of dealer, trader and business is liable to pay the VAT in Assam. WebJun 13, 2024 · The audit assessment upto 30-06-2024 should be completed within 30-09-2024 without fail. (3) As per section 47 of the Assam Value added Tax Act, 2003, tax is deducted at source and TDS Certificates are issued to dealers for execution of works contracts, supply of goods and lease transactions. The dealers may claim such TDS in … WebAssessment procedure, Value Added Tax - VAT-CST Issue Id: - 108331 Dated: 28-3-2015 By:- ganeshan kalyani Assessment procedure Contents Dear Expert, In the VAT regime assessment is deemed to happens if no notice is received from department within such prescribed time limit. o\u0027reilly canon city