Rates
This query is : Resolved
M SURESH BABU
(Querist)
11 July 2012
please provide the present rates of vat, cst, service tax, excise duty and wct
RENGARAJ R.K
(Expert)
12 July 2012
Unless the querist informs the state, the answer cannot be correctly given.
Regarding Service tax the normal rate is 12.36% and Excise duty also 12.36%. The ED rate is not common to all commodities. It starts from 1.03%, 2.06%, 6.18% and 12.36%.The general vat rate is 5% and 14% or 14.5% and it varies state to state.wct also.
There are abatements for certain services and also in excise for certain commodities..
Regarding Service tax the normal rate is 12.36% and Excise duty also 12.36%. The ED rate is not common to all commodities. It starts from 1.03%, 2.06%, 6.18% and 12.36%.The general vat rate is 5% and 14% or 14.5% and it varies state to state.wct also.
There are abatements for certain services and also in excise for certain commodities..
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