Hi all
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 :)
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Mvat on bricks
Replies (2)
| Originally posted by : abhishek | ||
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Hi all 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 :) |
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Shall be taxable @ 5%
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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.”
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What was the VAT on the paver bricks please reply the percentage of vat
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