Has the rate increased from 5% to 5.5% or will it remain same at 5%
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 05 August 2012
Mr Kiran,
In Karnataka taxes have been increased from 5 to 5.5% and from 14 to 14.5% for a period of one year from 01-8-2012 ie. upto 31st july 2013......MJK
aslami
(asst auditor)
(22 Points)
Replied 08 August 2012
can a wholsale medicine dealer in karnataka has a option of charging VAT either on actual invoice vale or on MRP
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