PACHAI NAYAKI A/C; - VAT and Sales Tax - Started By: - PACHAI NAYAKI - Dated:- 12-2-2019 - DEAR SIR,WE HAVE SOLD GEAR BOXES INTRA STATE TAMILNADU WITH VAT RATE OF 5% FOR THE FY 2016-17. WE HAVE RECEIVED NOTCE FROM TNVAT DEPT STATING THAT THE GEAR BOXES WERE FALL UNDER TAX RATE OF 14.5% AND WE ARE LIABLE TO PAY THE BALANCE TAX IE. 14.5% LESS 5%. IS THI CORRECT ? IF YES PLEASE FURNISH THE NOTIFICATION IF ANYPACHAI NAYAKIACCOUNTS - ETAPL - Discussion Forum - Knowledge Sharing

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