HI Friends,
What is the percentsge of VAT for Sale of Plastic Glass (use & Through)
Thanks & Regards .
Ranjini
Mr Subrata Dasgupta
(Finance Professional)
(171 Points)
Replied 19 February 2013
Please mention the name of the State. Also mention if the transaction is with a dealer within the state or outside the state.
Ranjini
(Accountant)
(98 Points)
Replied 21 February 2013
Business Situated in Karnataka & Sale is also with in karnataka ?
Mr Subrata Dasgupta
(Finance Professional)
(171 Points)
Replied 22 February 2013
The sale is covered under Entry 29 of Schedule III of the Karnataka VAT Act, 2003. The rate of tax is 5%