Hi,
I would like to know whether VAT is applicable on Octroi charges in Mumbai.
My Vendor has charged VAT on octroi also.
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VAT ON OCTROI
Replies (2)
Dear sir,
In my opinion, your vendor is right in charging vat on octroi also, as he must have shown the octroi amount in the bill itself. Because, in earlier BST provisions it was chargable to BST if local freight & octroi are charged in the bills.
MANJUNATH
Please let me know that whether Octroi will charge on MRP or Stockiest Price + Vat
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