Vat percentage on ms scrap (iron) material


This query is : Resolved 

14 August 2012 Hi,

What is the rate of VAT on (Iron)MS scrap material like MS Angles,MS plate etc.

Regards
Venkata Subba Rao

14 August 2012 Same as rate of finished goods i.e.MS Channel etc.

14 August 2012 Do you mean Andhra VAT for M.S scraps, angles, plates Mr Venkata Subbarao karu?

It is coming under IV Schedule and hence 5% in A.P.

or

Kindly tell us which state the question pertains to?

14 August 2012 IT's AP VAT

Thank You


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