Our Recommendations :-
Follow CA Final FB Page

What is the taxable limit in Jammu and Kashmir ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 kruthika asked about 3 years ago

What is the taxable limit in Jammu and Kashmir ?

    0       0 Answer Now Comment Report
5 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 acharya answered over 2 years ago

(a) Imports for sale or use in manufacturing or processing any goods into the State on his own behalf or on behalf of his Principal is NIL and (b) manufactures or produces any goods for sale or is engaged in any business other than the business specified in (a) above is Rs.7.50

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Picsjoin 2017224123730582 Archana answered almost 3 years ago

Hie Kruthika, **Taxable limit in J&K are :-** Under The Jammu and Kashmir Value Added Tax Act, 2005 taxable limit means in relation to a dealer who: (a) Imports for sale or use in manufacturing or processing any goods into the State on his own behalf or on behalf of his Principal - NIL (b) manufactures or produces any goods for sale or is engaged in any business other than the business specified in (a) above - Rs.7.50 lacs

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Aarti Vadnerkar answered almost 3 years ago

Dear, For VAT (a) Imports for sale or use in manufacturing or processing any goods into the State on his own behalf or on behalf of his Principal NIL (b) manufactures or produces any goods for sale or is engaged in any business other than the business specified in (a) above Rs.7.50 lacs

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered almost 3 years ago

Under The Jammu and Kashmir Value Added Tax Act, 2005 taxable limit means in relation to a dealer who: (a) Imports for sale or use in manufacturing or processing any goods into the State on his own behalf or on behalf of his Principal NIL (b) manufactures or produces any goods for sale or is engaged in any business other than the business specified in (a) above Rs.7.50 lacs

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered about 3 years ago

Dear Friend, Under The Jammu and Kashmir Value Added Tax Act, 2005 taxable limit means in relation to a dealer who: (a) Imports for sale or use in manufacturing or processing any goods into the State on his own behalf or on behalf of his Principal is NIL and (b) manufactures or produces any goods for sale or is engaged in any business other than the business specified in (a) above is Rs.7.50

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.