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TVAT Act,2005 – Government Contracts – Certain Instructions- Amendment Orders



GOVERNMENT OF TELANGANA
ABSTRACT
TVAT Act,2005 – Government Contracts –
Certain Instructions – Amendment Orders –
Issued.

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FINANCE (WP) DEPARTMENT
G.O.RT.No. 3225 Dated: 19/10/2015
Read the following:
1. G.O.Ms.No.11, Finance (Works & Projects-F.8) Dept., dt.29.07.2005.
2. CCT’s Ref No.A(1)/123/2015, Dt.21.08.2015.
                               * * *
ORDER:
                 In the circumstances reported by the Commissioner of Commercial Taxes,
Telangana State, Hyderabad in the reference 2nd cited, Government hereby issue the
following amendment addition to Clause-5 of G.O.Ms.No.11, Finance (Works &
Projects-F.8) Department, dt.29.07.2005:

For
Read as
For implementation of VAT and
effecting TCS, date of payment of
the respective bill only is the
criterion. As and when bills are
paid, 4% tax should be collected,
wherever applicable.

For implementation of Tax
Collections at source as well as
effecting TCS, date of payment of
the respective bill only is the
criterion. As and when bills are paid,
5% should be collected, wherever
applicable.


(By Act No.12/2012 w.e.f 14-9-2011, Rate of Tax 4% is replaced by 5%)
However, the liability of dealer / assessee to pay VAT shall always be
determined as per the provisions of TVAT Act and Rules framed thereunder.

2. The Commissioner of Commercial Taxes, Telangana State, Hyderabad is
requested to take necessary action in the matter.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)
N.SIVASANKAR

SECRETARY TO GOVERNMENT

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