New rates for karnataka state from 1st april 2012

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Jyothivk (Querist)
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01 April 2012 sir pls
help me out in vat new rates applicable and service tax, tds,income tax,central excise, luxury tax for the year 2012 &13

regards
Jyothi

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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10 April 2012 Ms Jyothi
your question needs a voluminous answer.However, there are only a few changes in VAT rates in Karnataka.Tax is reduced w.r.t. to raw cotton,chillies,jewellery,precious semiprecious stones,wct of jewellery and deisel,and furnace oil surgical footwear black boards and ready to cook foods. Tax has been exempted on rice paddy,wheat,pulses,suji,atta and maida of wheat etc.

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