VAT rates under Karnataka VAT

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I would like to know the VAT rate under Karnataka VAT for construction of residential flats?

Is it included in Works Contract?

Replies (16)

Yes.

yes works contract is included in VAT

Residential flats not being goods are not chargeable to VAT.

Such construction amounts to works contract and is chargeable to VAT as deemed sales of materials used in the execution of works contract. Hence the individual  VAT rates on materials used in the works contract need to be considered to charge such deemed sales to VAT.

Hi

What is the Present Rate of Tax for Flavours as per Karnataka VAT Act?

Originally posted by :thirumurugaraja
" Hi
What is the Present Rate of Tax for Flavours as per Karnataka VAT Act?
"

under which entry drip and sprinkler comes in karnatak vat,

under which entry HDPE pipes and PVC pipes and fittings comes in karnatak vat,maharashtra vat,a.p.vat, tamilnadu vat,rajastah vat,m.p vat, with rate, reply

Originally posted by :M. G. SRIDHARAN
" I would like to know the VAT rate under Karnataka VAT for construction of residential flats?
Is it included in Works Contract?
"


 

yes it is included in works contract.  The rate of tax would be 12.5%. However, the standard deduction of 30% can be claimed towards labour charges as per Rule 3(2)(m) of KVAT rules 2005.

I would like to know what is tax rate under karnataka vat for printer cartridges, pls give notification no also, if possible. Thanks.

Can I know what is rate of VAT on Machin Tools spare parts ( CNC / Horizontal / Vertical Turning Machines )???

kindly send the KVAT FORM 240 in Excel Format  plz. send the immediately

Thanking you,

 

Hi,

Can any one help me? What is the VAT value for supplying of Electronic goods?

I would like to know VAT rates in Karnataka for Agri products

 

dear sir

i would like to know what is the kvat rate for albums and candle sets

regards

sathyanaryana

what is the vat rate applicable for capacitors in karnataka ?


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