Rate of tax
This query is : Resolved
12 August 2009
We trade in computer hardware & spare parts.
Kindly tell the rate of tax which can be charged for computer hardware @ spare parts??
4% or 12.5% ??
Kindly tell the rate of tax which can be charged for computer hardware @ spare parts??
4% or 12.5% ??
CA Nitish Jain
(Expert)
13 August 2009
I am doing Audit of a firm engaged in trading of computer software and hardware and i have found it as regular practice of selling hardware at 4%VAT.
In my opinion, VAT @4% should be charged.
In my opinion, VAT @4% should be charged.
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