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A brief on VAT (Value Added Tax)

A brief on VAT (Value Added Tax) What is VAT? VAT is a multi-stage tax levied at each stage of the value addition chain, with a provision to allow input tax credit (ITC) on tax paid at an earlier stage, which can be appropriated against the VAT liability on subsequent sale.

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NOTICE INVITING TENDER - FOR SALE OF MILL REJECTS ON E ...

Mill rejects consist of hard shale, stones and other hard pieces which are rejected by coal mill / pulveriser of STPP and are stacked in a stock yard within the STPP premises. It is proposed to dispose these Mill rejects on "AS IS WHERE IS AND NO ... taxes & any other charges as will be applicable at the time of delivery. These charges as well as

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In certain works contracts fuels e.g. coal, wood, fuel gas may be required for processing of goods which are to be incorporated in the works contract. ... Tax Deduction at Source at Lower Rate Where a contractor is of the view that his liability of payment of tax on sale of goods in a works contract will be lesser than the aggregate of amounts ...

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30. COMMODITY WISE RATE OF TAX UNDER VAT ACT …

30. COMMODITY WISE RATE OF TAX UNDER VAT ACT (updated till 02.05.2015) Sl. No Name of commodity / commodities Current Tax Rate (%) Schedule No 1 Account Books 5 C 2 Adhesives 5 C 3 Adhesive tapes made of plastic 5 C ... 136 Coal 5 C 137 Coal Tar. 5 C 138 Coal tar pitch 5 C 139 Coconut fibre 0 A 140 Coffee beans, Cocoa pod and Chicory 5 C ...

1[FIRST SCHEDULE (Goods exempted from tax under sub ...

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May 15, 2008 ... Consequently, a tax demand to the tune of Rs. 32,26,909 was raised ... and evidences to rebut the charges made in the suspension order. ... (v) Pratap Steel Rolling Mills Ltd. v. ..... The honourable Supreme Court rejected the said application ... Coal was burnt in the boilers of furnaces for producing steam. Get Price

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Sale of "Mill Reject Coal" basis. Delivery of the same at work site shall be done by Contractor. If the charges are not specifically mentioned then below charges shall be mentioned: a. Water charges: 1% of the billing amount shall be deducted from the running bill. b.

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coal mill rejection of tax charges in vat, literacy rat, powder in the coal mill,, to receive only agreed quantity of coal and reject coal which is . BIDDING DOCUMENT FOR SUPPLY AND DELIVERY OF, COAL MILL ROLLER AND COAL, transportation charges etc Sales tax should, separately the amount included in the offer on account of custom duty VAT ...