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How it decide vat 4%, 5%, 12.5%..??

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(Querist)
03 August 2012 Our one local supplier who engaged in supplying stationery & housekeeping materials he charge Vat @4% on bills or some bills they charge Vat @5% or sometime 12.5%

How it decide ..?? n how can we cross check ??
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shibu

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shibu (Expert)
03 August 2012 Refer schedules of rate of tax of relevant VAT Act
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
03 August 2012 Each State VAT Act has listed number of commodities in various Schedules for exempted goods, 1% 4or 5% and rest of the commodities are general goods applicable for 12.5% now it is 14 or 14.5% according to the state.

You can cross verify the rate of tax in the schedule and if the products are not listed in the 4or5% category it will be charged higher rate of tax.

Whenever a query is raised, if you tell us your State, it will be better for us to refer the relevant provisions/Acts.
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Jagjeet Singh

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Jagjeet Singh (Querist)
03 August 2012 Sir, I am from Pune , Maharashtra
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