Different b/w 4% and 5% vat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2012
i want info about
VAT @ 4% AND VAT @ 5%
DIFFERENCE
i want info about
VAT @ 4% AND VAT @ 5%
DIFFERENCE
12 July 2012
It is based on commodity, that is the only difference. As per the vat schedule in any state, the vat rate is listed commodity wise. Please tell me in which state 4% and 5% is applicable?
Message likes :
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13 July 2012
in karnataka Vat 5% not 4% . but in different states have diffrent rate of tax . and agree with Rangaraj sir
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