Vat description(maharashtra)

This query is : Resolved 

04 November 2014 Sir,

Please solve my query

1] Which ITEM & Case use vat 5% Vat

2] Which Time USE Item vat 12.5%

3] Which Time USE Item vat 1%

4] Which Time USE Item Vat 8%

Please reply

08 November 2014 http://mahavat.gov.in/Mahavat/MyFold/KNOWLEDGE%20CENTER/RATE%20SCHEDULE/KNOW_RATESCHEDULE/S%20C%20H%20E%20D%20U%20L%20E.pdf

13 November 2014 Sir,

Please explain me 12.5% which specific item in maharashtra

Reply

13 November 2014 It is residual rate of tax. Anything not mentioned in the schedule with specific rate, falls here. Like glasses, hardware goods etc


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