Vat on capital goods sale by manufacturer

One of my client is into manufacturing and selling material handling equipments.
These equipments are purchased by him in different parts and he assembles some parts and other are sent as CKD to  a dealer in some cases
 and in certain other cases to ultimate customer , for whom it is a capital equipment
Pl advise on the TN  VAT rate for the transaction 
Whether there will be difference in rates 
If so what are the rates 
Pl advise at the earliest
Asked 10 months ago in VAT from Chennai, Tamil Nadu
An expert from Chennai/ Tamil Nadu please assist the client in the query as the law is state specific.
Rohit R Sharma
CA, Mumbai
886 Answers
5.0 on 5.0
  Talk to Rohit R Sharma
Th nature of use for the end user would not affect the tax rates. Submission of forms would however effect. For example Form C parties to be charged 2% and higher rates for others.
Shashank Surana
CA, Chennai
60 Answers
4.3 on 5.0
  Talk to Shashank Surana

Ask a Question

Get tax advice from top-rated chartered accountants. It's quick, easy, and anonymous!
Ask a question

Other Questions

Chartered Accountants

Rohit R Sharma
CA, Mumbai
886 Answers
5.0 on 5.0
Abhishek Dugar
CA, Mumbai
893 Answers
5.0 on 5.0
Pradeep Bhat
CA, Bengaluru
108 Answers
5.0 on 5.0
Vishakha Agarwal
CA, Bangalore
263 Answers
5.0 on 5.0
Lalit Bansal
CA, New Delhi
117 Answers
5.0 on 5.0
Shiv Kumar Agarwal
CA, Delhi
197 Answers
5.0 on 5.0
Ria Nagpal
CA, Ahmedabad
42 Answers
5.0 on 5.0
Anuj Agarwal
CA, Aligarh
34 Answers
4.6 on 5.0
Mahendra Chaudhary
CA, Pune
3 Answers
3.0 on 5.0
B S Sridhar
CA, Chennai
35 Answers
5.0 on 5.0