VAT - KARNATAKA
This query is : Resolved
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
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
(Expert)
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
(Expert)
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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