Easy Office
Easy Office

Kvat

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(Querist)
15 May 2012 i have a doubt as to the rate of vat for dealer who has opted for composition scheme for the purpose of VAT.

what is the tax rate as per KVAT for FY 2012-2013, is it 4% or 5%?
clarification for the same is required

Thanks in advance
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
17 May 2012 Mr Elagovan,
For works contract it is still 4% only.
MJK

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