Vat applicable in wct sale

Mahavat 448 views 1 replies

In case of a work contract, material to be used for contract includes material taxed at 12.5% as well as 5% in such case what rate of vat to be applied in sale bill ? 

Replies (1)

Your input Goods rate doesnt depend upon Vat rate on output.

Depneds upon your nature of business Output vat rate may vat from 4,5,8,12.5%


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