• VAT / GST

I am registered with UP Saales tax department. I manufacture various small items for air force and sell to them with 14.5% VATas on today. I am left with some aluminum sheets for which I dont have order and I wish to sell in open market sheets. Will it be perfeectly legal if I sell the sheets in open market with 14.5% VAT as on today. Do I need t take any permission to sell sheets in the markett from Sales Tax department.
Asked 7 years ago in Business Law

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4 Answers

18 %

As per the revised rate it is 18 % , for Aluminium plates,sheets and strip, of a thickness exceeding 0.2 mm.sheets and strip, of a thickness exceeding 0.2 mm.

it is mentioned under

GST rate CHAPTER 76 – ALUMINIUM AND ARTICLES THEREOF

Thresiamma G. Mathew
Advocate, Mumbai
1645 Answers
212 Consultations

If you have CST registered in your company's name there should be no restriction to sell the products in the open market to the desirous buyer.

With the rise of the internet and small businesses leveraging websites, that business model is evolving rapidly. Manufacturers are increasingly skipping wholesalers altogether and are selling products directly to their consumers.

This is an ever evolving industry that is changing how we shop and do business. With same-day shipping and overnight service, getting a special item or garment can be done from the comfort of a couch, making it more difficult for traditional wholesalers and retailers to attract customers.

Thus there may be no legal infirmity in this.

T Kalaiselvan
Advocate, Vellore
87534 Answers
2349 Consultations

What is the GST on ground equippment being sold to Indian Air Force including Blankings, MLG Trolley and Reflector for Antena

This you can verify it locally from the local sales tax department too.

T Kalaiselvan
Advocate, Vellore
87534 Answers
2349 Consultations

My question is not answered fully, I am registered witth Sales tax department and sell finished product to Airforce. Can I sell raw material Aluminum sheets in open market:

""Do I need t take any permission to sell sheets in the markett from Sales Tax department.""

If all your sale transactions are reflected in the sales tax returns, then what is your botheration to inform separately about this.

T Kalaiselvan
Advocate, Vellore
87534 Answers
2349 Consultations

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