Taxable rate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2012
Please let me know MVAT rate applicable to wall paper.
Will it be same as Paper, stationery paper etc. @ 5%
or else 12.5%
Will it be same as Paper, stationery paper etc. @ 5%
or else 12.5%
CA Sumat Singhal
(Expert)
20 February 2012
as per my understanding wallpaper is covered under paper, stationery so accordingly rate will be charged.
Other opinions are invited
Other opinions are invited
CA CS Pawan Jajoo
(Expert)
21 February 2012
I think applicable shchedule entry is C-101 with reference to GNFD No. VAT-1505/CR-120/Taxation 1 dt. 01/06/2005 .
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