State Sales tax rate in Delhi

1. State Sales tax rate in Delhi Sales tax Rate depends on Merchandise. File your Sales tax with full saving with the consult of YGM Services.

2. Delhi VAT Tax Rates • In Delhi VAT Tax Rates are levied underneath 7 categories. The Delhi VAT Tax Rate plan determines which goods full under each of the 7 category and the VAT tax rate linked with that category.

3. Categories of VAT taxes in Delhi • Schedule I – VAT Exempted – (Example: Books, Charcoal, Fresh Vegetables, Meat, etc.) • Schedule II – 1% VAT Tax – (Example: Bullion, Gold, Silver, Precious Metals, Precious Stones, etc.) • Schedule III – 5% VAT Tax – (Example: Communication equipment, bricks, utensils, coffee seeds, computers, etc.) • Schedule IV – 20% VAT Tax – (Example: Liquor, Lottery Tickets, Aerated Drinks, etc.) • General Category – 12.5% VAT Rate • Help taken from: quora.com

4. Service tax Return • A new Annual Return, is prescribed under Rule 12 (2) (a) of Central Excise Rules, 2002 read with Rule 9A of Cenvat Credit Rules, 2004. The new format will be notified by the Board. The same has to be filed by 30th November 2016.  For More visit:- aces.gov.in

5. Service Tax Registration • As per the Policy framed by the Indian Govt., every Service Provider has to mandatorily apply for Service Tax Registration. If the rate of service expected to be rendered by him in a financial year is more than Rs. 9 Lakhs. However, if the value of Services rendered in a financial year is less than Rs. 9 Lakh p.a. – the Service Tax Registration is Optional at the option of the service tax payer.

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