Vat on electronic devices

hello guys, i am about to start my bussiness in which i'll be selling gps/gprs devices. can u pleaase tell me how much % VAT i need to pay on the sell.

please also tell me the procedure to pay the tax.

Replies (1)

Dear Friend,

Vat on all Electonic devices is 4% as per schedule-C

Whwn you seel these devices to your customer then you will be charge vat amount.

Example.

Basic price      100 (sales value without tax)

Vat @ 4%              4

Total bill value 104 (sale value including tax)

 

Regards

sabyasachi

8981389871

 

 

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