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Budget 2014. GUJARAT STATE BUDGET 2014. Value Added Tax. Estimated overall monetary impact of the State Budget:. Change in percentage of Reversal of VAT credit for Outside Gujarat Sales:. Value of goods sold in the course of inter state sales.
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Budget 2014 GUJARAT STATE BUDGET 2014
Change in percentage of Reversal of VAT credit for Outside Gujarat Sales:
Value of goods sold in the course of inter state sales Total value of Purchases eligible for input tax credit & used for manufacture / sale of goods 1% Total Value of taxable goods sold
This presentation is prepared exclusively for the benefit and use of the clients of K. C. Mehta & Co. This should not be used as a substitute for professional advice. Reasonable care has been taken for ensuring the accuracy and the authenticity of the contents of the presentation. However, we do not take any responsibility for any error or omission contained therein on any account. It is recommended that the readers should take professional advice before acting on the same. The provisions contained in Finance Bill 2013 are the proposals and are likely to undergo amendments while passing through the Houses of the Parliament before being enacted.