VAT Rate on industrial Machinery in Puinab


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This discussion clarifies the VAT rate applicable to industrial machinery in Punjab during the Financial Year 2016-17. According to Schedule D, a VAT rate of 13.5% was applied to a broad range of goods, which would have included industrial machinery.

14 August 2023 Dear sir

What was the vat rate on Machinery in Punjab i FY 2016-17.

Thanks

14 August 2023 Schedule D:

In this schedule a VAT rate of 13.5% applied to over 159 goods.

10 September 2024 Good Luck.


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