seeking deatils about vat charge-reg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2011
to
respected sir,
I have to questins
1. is there any tax libility is there where i can sell the fish in the market in bulk.
2.can we pay vat tax in sale of goods like fish meal & fish oil extracted from fish.
from
Amzad ali
respected sir,
I have to questins
1. is there any tax libility is there where i can sell the fish in the market in bulk.
2.can we pay vat tax in sale of goods like fish meal & fish oil extracted from fish.
from
Amzad ali
05 March 2011
Hi
if the fish is sold in raw conditions not processed VAT will not applicable.
only when it is packed & stored in the cold storage & processed as a brand then only VAT is applicable.
if the fish is sold in raw conditions not processed VAT will not applicable.
only when it is packed & stored in the cold storage & processed as a brand then only VAT is applicable.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2011
Thank you sir,
but what % of tax is chargable 4% or 14.5% as per AP Vat normes When fish is packed & stored in the cold storage & processed as a brand.
but what % of tax is chargable 4% or 14.5% as per AP Vat normes When fish is packed & stored in the cold storage & processed as a brand.
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