What is the Vat % on kachori and samosa?
Is it 4 or 14?
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urgent pls....Help
Replies (1)
Rate of Tax: [Secs. 5 & 6] as per Schedules: –
|
Schedule ‘A’
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Essential Commodities (Tax free)
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Nil
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Schedule ‘B’
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Gold, Silver, Precious Stones, Pearls etc.
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1%
|
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Schedule ‘C’
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Declared Goods, Industrial Inputs, and such other specified goods
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4%
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Schedule ‘D’
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Foreign Liquor, Country Liquor etc. Motor Spirits at specified rates
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20%
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Schedule ‘E’
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All other goods (not covered by A to D)
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12.5%
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