what is the reason for low vat in JEWELLERY as it is a luxury good.pls help
what is the reason for low vat in JEWELLERY as it is a luxury good.pls help
Jewellery is a high value item ....
If high rate of VAT is applied on the jewellery then the total cost of buying the jewelley would increase .
This would lead to increase in the rate of inflation
thanks harshal
CAclubindia
