Hello All,
Please tell me in which schdule Entry it will fall under for MVAT
Discripttion Of items: Children Goods & appearls.
Please also provide the sources.
Thanks
Bhavik Shah
CS BHAVIK HARSHAD SHAH (Company Secretary) (1662 Points)
04 February 2014Hello All,
Please tell me in which schdule Entry it will fall under for MVAT
Discripttion Of items: Children Goods & appearls.
Please also provide the sources.
Thanks
Bhavik Shah
Navin Agicha
(CA Final Student)
(75 Points)
Replied 10 February 2014
Normally Schedule C (VAT 5%) , But it Depends upon Goods
If Goods are toys, games and cloth.
Then Vat Rate is 5%.