Vat rate for ms c class pipe
Suchita Shivaji More (Accountant) (168 Points)
22 October 2016
Please tell me VAT rate for MS C Class Pipe.
As our vendor charged 5% for the same
2 Replies
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 22 October 2016
Maharashtra Value Added Tax Act ... of pipes cover under schedule entry, C72, where rate applicable 5.50%.
Dharmesh
(Student)
(1025 Points)
Replied 22 October 2016
MVAT rate for Mild Steel Pipes / SS Pipes / GI Pipes etc. w.e.f. 1st April 2016 is 5.5% and prior to 1st April 2016 was 5%
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