CAN ANYONE TELL ME IF THE SALE OF CLOTH IS TAX FREE IN PUNJAB AND IF NOT THEN WHAT IS THE APPLICABLE RATE??
Vat rate on cloth in punjab
CA Aspirant (Articles) (66 Points)
05 September 2011
4 Replies
jituparmar89@gmail.com
(jituparmar89@gmail.com)
(94 Points)
Replied 06 September 2011
ya but it's mention on bill .....ready made garment are tax free but...when puchase from out side state in cst 2% paid off..and in gujrat sales of cloth ...is taxable...
subhash kapoor
(accountant)
(32 Points)
Replied 09 September 2011
no,readymade garments r not tax free .it is taxable @ 5%+10%surcharge=5.5% but cloth r tex free
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