WebThe standard VAT rates are 18% and 12%. The reduced rate is 5%. India also has some zero-rated goods, the sale of which must still be reported on your VAT return, even though no VAT is charged. The first standard VAT rate (18%) applies to telephone, banking, insurance, restaurants with alcohol license, tickets to cultural events and cinema, TVs ... Web12 nov 2024 · Such a hike would have meant Delhiites buying cheaper liquor in the neighbouring states. “Going by the pattern, you are realistically looking at the new prices being 8-10% higher than earlier ...
Solving Kinematics Problems with the DVAT Equations
Web2 set 2014 · Please let me know the DVAT Rate on Paintings with Schedule No. Thanks . Reply Follow Share More. Start a discussion Unanswered; Report Abuse 2 Replies. Ravi … WebPenalty as per Sec 86 (9) of DVAT Act, 2004: In case of default in filing of DVAT return, penalty shall be levied at the rate of Rs.200 per day ( Rs. 100 if regd only under DVAT and not CST Act)subject to maximum of Rs.50,000. However, default in furnishing both returns (VAT and CST) would attract penalty upto maximum of Rs 1,00,000. bay kitchen bar menu
Delhi GST - dvat.gov.in
Web11 apr 2024 · Delhi High Court held that there is no requirement to file a fresh claim under DVAT 21 as the claim of refund was embedded by the assessee in its return. ... The assessee was refunded Rs. 1,25,60,785/- for the relevant tax period on 14.08.2024, in Form DVAT-22. iv) The notified rate of interest, we were informed, is 6% ... Web6 apr 2024 · the intra-Community acquisition of goods, other than those referred to in point (a) and Article 4, and other than new means of transport or products subject to excise duty, by a taxable person for the purposes of his agricultural, forestry or fisheries business subject to the common flat-rate scheme for farmers, or by a taxable person who carries out only … dave togoto