Vat Rate under KVAT act

krishna (Employee @ GVK Associates) (253 Points)

30 December 2010

hi,

Can anyone pls tell me, what is the tax rate applicable on computers under Karnataka VAT act at present.

Regards,

Krishnapriya M

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5 Replies

Sivaguru SM (Tax Consultant) (235 Points)
Replied 30 December 2010

Under KVAT act its 4%

kumar (Executive) (99 Points)
Replied 31 December 2010

Yes, above tax rate is correct, KVAT on computers is 4%

RAJU (LEARNER) (1089 Points)
Replied 01 January 2011

W.E.F. 01-04-2010, it is 5% and not 4%

mridul savio Pinto (articled trainee ) (1477 Points)
Replied 07 January 2011

it is 5% pc for a.y 2010-2011

Nagaraj.halwal (Article Assitant) (45 Points)
Replied 13 January 2011

as it is not comes under delared goods so rate of tax is 5%

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