Vat on garments

CA SUKSHAM ARORA (CA) (569 Points)

19 December 2014  

In case of Readymade Garments dealer As per recent Delhi notifications, if the readymade garments are below 5000 will attract 5% vat and above 5000 will attract 12.5% vat. Here the confussion is whether it is on Sale price or on MRP value ? Please help Please also provide the source (f possible)