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Karnataka State Budget 2015- Tax and Stamp Duty Changes

March 14, 2015 27333 Views 0 comment Print

♠ As the Central Government of India had indicated that GST could be implemented from 01.04.2016. State Government to take necessary steps to prepare Trade and Industry and department for smooth transition to Goods and Services Tax (GST) System. Relief under VAT: ♠Increase in registration limit from Rs.7.5 lakhs of annual turnover to Rs.10 lakhs. […]

E-1 Sale – Benefits and Provisions for claiming exemption

February 17, 2015 13094 Views 1 comment Print

What is E-1 Sale? How does it benefit registered dealers? What are the provisions to be followed for claiming exemption? When sale is during the course of movement of goods from one state to another is called E-I transaction or sale in transit.

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