Vat query

Pages : 1

Meenakshi Mehta
CA, CS

[ Scorecard : 50]

Posted On 01 August 2012 at 17:55

W. e. f. 01/08/2012 VAT has increased to 5.5% & 14.5% in the state of Karnataka. I want to know what will be its effect on declared goods? Kindly clarify....asap

krishnakumar
Compliance -Manager CWA

[ Scorecard : 243]

Posted On 01 August 2012 at 21:47

Originally posted by : Meenakshi Mehta
	W. e. f. 01/08/2012 VAT has increased to 5.5% & 14.5% in the state of Karnataka. I want to know what will be its effect on declared goods? Kindly clarify....asap

Please find attached file which gives clear picture on new notification...

Attached File : 643956 1028623 summary of kvat bill.doc downloaded 123 times

Total thanks : 1 times

Rashid Imam
Officer (Indirect taxation)

[ Scorecard : 244]

Posted On 02 August 2012 at 11:12

Its will be applicable on all goods (Including Decleared)

Refer to the attached notification

Attached File : 791928 1028769 vat amendment 2012.pdf downloaded 179 times

Sarita
Article

[ Scorecard : 146]

Posted On 02 August 2012 at 16:01

Originally posted by : Meenakshi Mehta
	W. e. f. 01/08/2012 VAT has increased to 5.5% & 14.5% in the state of Karnataka. I want to know what will be its effect on declared goods? Kindly clarify....asap