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VAT rate on Iron Doors and windows etc.

ashok yadav (Accountant) (35 Points)

24 March 2011

Hello Friends

Please any one can tell about the percentage of vat on iron doors ,windows and other fabrication items and what is the procesure to find the rate applicable on a particular item.

Thanks

Ashok Yadav

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3 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 24 March 2011

furnitures 13.5%

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Ashish Vishnoi (Tax Consultant) (58 Points)
Replied 25 March 2011

Mr. Sharma,

Why not 4%? Iron is a declared goods in CST Act, 1956. So, Why not Iron Doors & Windows falls in this catagory?

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 25 March 2011

iron and steel is notified goods, but when converted to items of iron and steel two basic consumers are buyers, 1) industrial buyers from whom the department would expect revenue in future .whereas 4% tax is charged 2) domestic / luxary buyers ( whereas the department will not get any revenue henceforth) so its 13.5%

doors and windows of steel or any other metal is catagorised in furnitures ..so 13.5% chargable