Mvat on Books
This query is : Resolved
29 August 2009
Sir,
I want to know whether Mvat is applicable on books(professional) sold,if yes then at what rate it will be charged & under which schedule it will fall and if the answer is no then plz give proper reference,Waiting for a prompt reply............!
I want to know whether Mvat is applicable on books(professional) sold,if yes then at what rate it will be charged & under which schedule it will fall and if the answer is no then plz give proper reference,Waiting for a prompt reply............!
29 August 2009
Sale of books fall under Entry No.6 of Schedule-A of the MVAT Act.
Hence, rate at which MVAT is payable is NIL.
Hence, rate at which MVAT is payable is NIL.
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