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Vat rate

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(Querist)
16 May 2012 Dear Experts,

Please let me know, what % of Vat Rate should be charged on Software Licenses and What % of Vat Rate should be charged on Hardware Items.
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
21 May 2012 Mr Kalyanichivukula,
Both are chargeable @5% in Karnataka.In many other states also it is either 4% or %5 only....MJK

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