Karnataka vat rate for castings from 1st aug 2012

Has the rate increased from 5% to 5.5% or will it remain same at 5%

Replies (2)

   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

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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