Deepak Gupta (CA Student) 29 April 2014
|Originally posted by : abhishek|
Can anybody please tell me , whether MVAT is applicable on sale of bricks by brick manufacturer?
if yes what is the rate applicable?
thank u in advance :)
Shall be taxable @ 5%
As per Sl. No. 3 of Schedule ‘C’ of Maharashtra Value Added Tax Act, 2002, “All kinds of bricks excluding paver blocks but including fly ash bricks and refractory bricks and monolithics, asphaltic roofing tiles, earthen roofing tiles.”
Click to View (Page No. 14)