dear all,
i have a question.. if a water bottle inner side is manufactured by plastic pad, and outer side has fully stainless steel so what type of vat percentage we are charge? again... outer side is fully stainless steel & inner side has plastic pad for storing water.
what is the percentage for billing ? 5% or 12.5%????
which state do u doing businiess then only wecan tell the vat rate asperconcern vat rules with schedule
present vat rate is either 5% or 14.5% pl. not 12.5%
Please check the commoditity code in the vat detials and then we can classify both either 5% ifu take asteel and 14,5% in case of plastic producsts. pl
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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