I want to know what will be the VAT %age on under consturction property in Bangalore.
Like I got well defined answer on service tax which comes 30% of 12.36% on the same in this site. Please reply back-I need of your kind help. If possible then give me the some example of calculation on this.
Thank you for the earlier replies !!!! it is valuable information your providing and now i need detailed list of commodities which is charged at the rates like 14.5 and 5.5 and 2%!!!!!!!!!!!!!
SIR, MY BROTHER HAS OPENED HOTEL IN MYSORE AND HAD STARTED PAYING AT 14.5%. LATER I CAME TO KNOW ABOUT THE ANOTHER RATE OF 5.5%.CAN SOMEONE GUIDE ME THE CONDITIONS FOR OPTING 5.5% AND PROCEDURE TO BE ADOPTED FOR SHIFTING TO 5.5%.PLEASE DO THE NEEDFUL ASAP.