What is the Vat % on kachori and samosa?
Is it 4 or 14?
1 Replies
PANKAJ SHARMA
(ACCOUNTS MANAGER)
(79 Points)
Replied 06 January 2010
Rate of Tax: [Secs. 5 & 6] as per Schedules: –
|
Schedule ‘A’
|
Essential Commodities (Tax free)
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Nil
|
|
Schedule ‘B’
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Gold, Silver, Precious Stones, Pearls etc.
|
1%
|
|
Schedule ‘C’
|
Declared Goods, Industrial Inputs, and such other specified goods
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4%
|
|
Schedule ‘D’
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Foreign Liquor, Country Liquor etc. Motor Spirits at specified rates
|
20%
|
|
Schedule ‘E’
|
All other goods (not covered by A to D)
|
12.5%
|
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