VAT - KARNATAKA

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Rahul (Querist)
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05 July 2011

Hi,

My friend has bought Television and Fridge from a shop in Bangalore . They have charged VAT at the rate of 14% on the bill. But they have not mentioned as VAT, but simply added the amount (14%) without mentioning anything in the Bill and when he enquired they told that it is 14% VAT.

Dear experts kindly let me know whether the amount charged by them as VAT is the correct percentage ?

Thanks in Advance

Sanjeeva Reddy

Sanjeeva Reddy (Expert)
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05 July 2011 No there should be specifically mentioned on the bill VAT and crosponding to it the amount charged as per the vat applicable.

ACMA Obulirajan R

ACMA Obulirajan R (Expert)
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05 July 2011 If they are charging VAT then the same should be seperately mentioned as VAT - 14% and also pls check whether they have given the TIN number in the invoice. If not then u can question them...

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