Delhi - Ready made garment items clarifications

Subramanya (Tax Consultant) (523 Points)

09 April 2010  

One of my client is a Readymade Garments dealer

As per recent Delhi notifications, if the readymade garments are below 5000 will attract 4% vat and above 5000 will attract 12.5% vat.

Here the confussion is whether it is on Sale price or on MRP value  ?

Please help

Agarwal