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Vat

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 August 2012 VAT rates in Karnataka has increased to 5.5% & 14.5%.. but whether it is applicable only for Local Sales or for both Local sales & Interstate (When the party did not issued C forms)?
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shibu

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shibu (Expert)
01 August 2012 For no Form Cs, full rate have to be collected
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SANYAM ARORA

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SANYAM ARORA (Expert)
01 August 2012 Yes full rate have to be collected
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Querist : Anonymous

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Querist : Anonymous (Querist)
01 August 2012 Full Rate means revised rates or 5% & 14%?
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shibu

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shibu (Expert)
01 August 2012 New rate. Rate was revised to get more to Government. Then we cannot pay old rate.

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