banner_ad

Vat rate

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 June 2012 Dear sir,

In the speed meter manufacturing company, if we purchase the raw material i.e wire at the rate of 5% vat and then after production we are sale of speed meter i.e finished goods.In this case, what will be selling vat rate which we have to added in selling value.

Pls give me a valuable and meaningful instruction for regarding this matter.

Thanks & Regards
Mahesh Jain
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
29 June 2012 u must refer schedule of ur state VAT act for your product.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 June 2012 thanks for your suggestion but can u send me another meaningful and clearful advise for regarding that.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details