vat
This query is : Resolved
17 April 2010
Dear Sir,
VATD-1 OR VAT4% main kya farak hai..?
Regards
kawal
VATD-1 OR VAT4% main kya farak hai..?
Regards
kawal
17 April 2010
VAT @ 1% (also classified as 'other rate of tax') items like Bullion, articles of Jewelery, precious stones etc.
TAXABLE @ 4% basic necessity items such as drugs & medicines, agricultural and industrial inputs,capital goods.
TAXABLE @ 12.5% (also classified as standard rate of Tax - RNR i.e. Revenue Neutral Rate), all remaining items that do not fall under the preceding classification or attract special rates, i.e.liquors, petrol, diesel, Aviation spirit/turbine fuel.
TAXABLE @ 4% basic necessity items such as drugs & medicines, agricultural and industrial inputs,capital goods.
TAXABLE @ 12.5% (also classified as standard rate of Tax - RNR i.e. Revenue Neutral Rate), all remaining items that do not fall under the preceding classification or attract special rates, i.e.liquors, petrol, diesel, Aviation spirit/turbine fuel.
17 April 2010
FOR DETAILED VAT RATES GO TO FOLLOWING LINK----
http://www.sbc-ca.com/VAT%20Rate%20Schedule.pdf
http://www.sbc-ca.com/VAT%20Rate%20Schedule.pdf
17 April 2010
AGREE WITH EXPERT
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
