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Vat is applicable on packing or not
Sir we are in manufacturing industry, we sale water pumps to our dealers & charge 6% vat on it. sometimes we have to sent our goods in cartoon boxes & we incurred some packing charges. So i want to know that wheather vat is applicable on packing or not & why
please help...
Replies (2)
Rate of tax on packing materials �
Where any goods are sold and such goods are packed in any material, the tax shall be leviable under section 6 on the sales of such packing material, whether such materials are separately charged for or not, at the same rate of tax, if any, at which tax is payable on the sales of the goods so packed.
refer sec 7 mvat act 2002
Where any goods are sold and such goods are packed in any material, the tax shall be leviable under section 6 on the sales of such packing material, whether such materials are separately charged for or not, at the same rate of tax, if any, at which tax is payable on the sales of the goods so packed.
refer sec 7 mvat act 2002
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