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Vat percentage on ms scrap (iron) material

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(Querist)
14 August 2012 Hi,

What is the rate of VAT on (Iron)MS scrap material like MS Angles,MS plate etc.

Regards
Venkata Subba Rao
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neeraj

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neeraj (Expert)
14 August 2012 Same as rate of finished goods i.e.MS Channel etc.
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
14 August 2012 Do you mean Andhra VAT for M.S scraps, angles, plates Mr Venkata Subbarao karu?

It is coming under IV Schedule and hence 5% in A.P.

or

Kindly tell us which state the question pertains to?
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Venkata Subba Rao

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Venkata Subba Rao (Querist)
14 August 2012 IT's AP VAT

Thank You

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