We deal in drip irrigation which is billed to farmers on 100 % subsidy.We buy from local market and bill to a) Farmers directly on NIL tax rate and b) to Dealers on NIL tax rate. But we buy from the manufacturers @ 4% and 12.5%.
My doubt is
1) Is it write to bill on NIL % to dealers
2) When we purchased from local manufacturer @4% and 12.5% tax and bill @NIL rate how do we claim input tax credit.
Please advise with GO details.
Regards,
From India, Madras
My doubt is
1) Is it write to bill on NIL % to dealers
2) When we purchased from local manufacturer @4% and 12.5% tax and bill @NIL rate how do we claim input tax credit.
Please advise with GO details.
Regards,
From India, Madras
2
Yes you have required to remitted LWF in each state separately and not in Bangalore, please check the applicability of the act in respective state prior to deduct / remit the lwf.
From India
From India
Labour Welfare fund contribution in Andhra Pradesh, Employee contribution 30 Rs and Employer contribution 70 Rs. Read complete process to know How To Pay Labour Welfare Fund Andhra Pradesh 2017
From India, Hyderabad
From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
TN Labour Welfare Fund 2018.pdf