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%

CA Sumat Singhal (Expert)
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20 February 2012 as per my understanding wallpaper is covered under paper, stationery so accordingly rate will be charged.
Other opinions are invited

CA CS Pawan Jajoo (Expert)
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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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