What is Telangana commercial tax?
What is Telangana commercial tax?
The Telangana State Commercial Taxes Department in Telangana State Secretariat administers Acts & Rules related to Commercial Taxes, and will make policies pertaining to Commercial Taxes. It is the major revenue earning department and contributes about 65% to 70% of the total revenue of the State.
How can I pay PT in Telangana?
PT payment in Telangana can be done online by visiting the official website of the Telangana Government and following the steps mentioned below, Step-1- Click on E-registration under New Dealer Sub Section. Next select ‘PT Registration’. Step-2- Click on ‘e-Payment’ and ‘Select the Tax Type’ from the available option.
How do I log VAT?
Instruction for e-Filing of VAT Return:
- Enter User id and Password.
- Change Password if Login for the first time.
- Download any of Form 14, 14D, 15,15R and Save as per requirement.
- Logout.
- Unzip downloaded file to get:
- Return data can be entered using the JAR version of Form listed at the first row.
How do I find my CTD number?
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- Department Reference number’ (also called as ‘CTD Ref.
- Step-1: Visit website of Commercial Tax Department, e-payment system, Click_VAT-KAR.
- Step-2: Fill up either Registration Certificate (RC) Number or TIN number or CTD reference number, if available.
What are commercial taxes?
Commercial Tax, currently referred to as Goods and Services Tax (GST) in India, is a tax that is levied on locally manufactured and imported goods and services, and contributes to the GDP of the country.
How can I register PT in Telangana?
Online Application Procedure
- Step 1: The applicant has to visit the official website of the Commerical tax department of the Telangana government.
- Step 2: Click on “E-Registration” which is visible on the homepage of the portal.
- Step 3: Select “PT (Professional Tax) Registration” from the dropdown list.
Is professional tax mandatory in Telangana?
In case the employer is a corporate company, partnership firm, sole proprietorship, etc., it is required to register and obtain the professional tax registration certificate to pay professional tax on the business or profession.
Is professional tax mandatory for sole proprietorship?
It is mandatory for both salaried and self-employed individuals to pay professional tax, which is collected by the Karnataka State Government.
Is VAT and GST same?
Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product.
What is GRN number?
GRN Number or Government Reference Number is generated on a challan. It is an eighteen digit number which uniquely identifies the payment which has to be made by the user.
How can I file PT return in Telangana?
What is a VAT rate?
VAT is commonly expressed as a percentage of the total cost. For example, if a product costs $100 and there is a 15% VAT, the consumer pays $115 to the merchant. The merchant keeps $100 and remits $15 to the government.
Who is eligible for professional tax in Telangana?
Any individual whose salary does not seem to exceed Rs. 1000/- per month, individuals in professions whose yearly income does not exceed Rs. 12000/- and traders whose annual turnover does not exceed Rs. 1,00,000 are exempt from the payment of Profession Tax.
How can I get PTIN number in Telangana?
How to get PTIN Number Telangana?
- Go to the official website of GHMC and click on ‘Search Your Property Tax’
- Enter Circle Number, Owner Name, Door Number, Mobile Number.
- After submitting these details you will get an OTP.
- Enter the OTP and you will find property details on your screen.
What is sales tax in India?
| Related | Last | Unit |
|---|---|---|
| Sales Tax Rate | 18.00 | percent |
| Social Security Rate | 24.00 | percent |
| Social Security Rate For Companies | 12.00 | percent |
| Social Security Rate For Employees | 12.00 | percent |
