Hello everyone,
can any one let me know the vat rates and service tax rates applicable for nov 12 ipcc
Deepak Dargad
(Chartered Accountant....)
(9787 Points)
Replied 30 October 2012
Vat Rates are same as it is....0%, 1%, 4%, 5%, 12.5%, 20%
and service tax rate i think it is Basic rate : 12%
Edu Cess : 02%
H & Edu cess: 01%
Thats all over 12.36%
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