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Mvat whether 4% or 5%.

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(Querist)
12 January 2012 one of our client is a retailer. he purchases ready made garments from party and sell to customer.

what is the rate of MVAT duty for 2010-11.
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Prakash Kochar

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Prakash Kochar (Expert)
14 January 2012 Readymade gartment are covered under entry C-81, tax rate is 5% w.e.f. 01.04.2010. Prior to 01-04-10 rate was 4%.

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