11 October 2011
We are Manufacturer of PU Sheets, At these time we are charging VAT @ 5%. But some other dealer are charging VAT @ 12.5%. I want to confirm about these that in which schedule we covered. What % of tax we should charge either 5% or 12.5%. We are issuing invoice with description like "PU Sheet 35x72x100". Please confirm about the tax rate.
CAclubindia
