Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ACCOUNTING STANDARDS :: due date for vat payment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: ACCOUNTING STANDARD :: form 3cd :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: empanelment :: VAT Audit :: list of goods taxed at 4% :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT
« Sales Tax »
 Sales tax staff protest against goods service tax council
 Income tax survey on city jeweller
 Service tax levy to weigh on upstream companies’ earnings
 5 pc tax on online sales awaits Cabinet approval
 Amendment to Additional Sales Tax Act unconstitutional: High Court
 Maharashtra will soon achieve Rs one lakh cr sales tax : CM Devendra Fadnavis
 CBEC chief bats for minimal exemptions for India Inc under GST
 Issuance of Free Sale & Commerce Certificate to Merchant Exporters
 Why model GST law does not give confidence to exporting community
 State governments tighten their grip on sales tax holidays
 Income tax dept charts plan to broaden national taxpayer base

Guj earns Rs 346.48 cr as sales tax from state PSUs in 2 years
March, 03rd 2009

Gujarat government-owned seven public sector units (PSUs) owe Rs 108.25 crore as sales tax as on June 30, 2008, said the state government.

In last two years as on June 30, 2008, these seven PSUs paid Rs 346.48 crore as sales tax while Gujarat Mineral Development Corporation (GMDC) has paid highest sales tax of Rs 298.31 crore, the government said in a written reply to one unstarred questioned asked by independent MLA Ranchhod Mer.

The PSUs which owe the sales tax to the state government include Gujarat Small Industries Corporation (GSIC) Rs 56.31 cr, GCEL Gandhinagar Rs 2.46 cr, GMDC Rs 1.23 cr, Gujarat State Fertiliser Corporation (GSFC) Rs 39.15 cr, GCEL Vadodara Rs 6.09 cr, HSFC Surat Rs 2.56 cr and Gujarat State Forest Development Corporation (GSFDC) Rs 0.45 cr.

Apart from GMDC, other PSUs which paid the sales tax in last two years include GSFC Vadodara Rs 38.66 cr, GSFC Surat Rs 5.44 cr, GSFDC Rs 1.71 cr.

The state government has stated that three PSUs have approached the High Court challenging the government's notice for payment of sales tax and the High Court has granted stay on the matter.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions