Friends, I want to apply for MVAT number for dealer dealing in non-food goods i.e. Thermocol Dishes, Thermocol Glass and Tissue Papers etc.
What is Schedule Entry & MVAT rate for these goods?
T & R
KP
K P BHANUSHALI (PROPRIETOR) (512 Points)
28 February 2013Friends, I want to apply for MVAT number for dealer dealing in non-food goods i.e. Thermocol Dishes, Thermocol Glass and Tissue Papers etc.
What is Schedule Entry & MVAT rate for these goods?
T & R
KP
Asif Khan
(Taxation executive)
(410 Points)
Replied 14 March 2013
I think thermocol plates Should come in Shedule E of Mvat Act and the vat rate should be @ 12.5% because plates of paper come under Schedule C vat @ 4%. And Glass and Tissue paper Should come under Scedule C of Mvat act i.e vat @ 4% o both.