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Kvat

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Querist : Anonymous (Querist)
18 October 2013 which all are products/services applicable KVAT @ 14.5%?
pl reply asap.(reason/notification details)
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
19 October 2013 Normaly rate is prescribed by attached schedule in the Act and general rate is prescribed for the goods which are not covered under any of the schedule, it is called as residuery entry. please refer charging section of the act

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