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Mvat on Books

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(Querist)
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............!
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CP Ram

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CP Ram (Expert)
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.

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