VAT Percentage.

HI APURVA

VAT % DECIDE STATE GOVT. THAT % DIFF BY STATE

VAT % DEPENDS UPON GOODS / MATERIALS

Is there any list from where we can get info how much in which stage? and rules abt to put on what goods or not?

no there is no single  list of statewise.

Hi Apurva,

Rates of VAT are prescribed under the schedules of respective VAT Acts of different states and normaly catagorised as 1%,20%,4% and 12.5% .

Mainly two rates are apllicable to the most of the dealers which are 4% and 12.5% depend on the nature of products/goods in which we deal . on the  items not covered in prescribed shedules general rates of 12.5% shall be applicable.

I have gone through the VAT Acts of  almost 16 main states  of India and the rates of VAT applicable in those states are almost similar for the catogory of goods . In case of WCT in some states general rate of 12.5% is applicable on the material portion of the contract and in rest of the states item wise rate i.e. 4% or 12.5% is applicable on the goods used in the work contracts except Jammu & Kashmir where the WORK CONTRACT ACT is separate and not merged with VAT ACT and rate of WCT is 8.4% . In almost states a comosition rate of VAT on WCT projects is also prescribed which is 8% in the state of  maharashtra .

Regards,

M P Singh

Thanks & Regards,     

Hi Jain,

VAT percentage is not same in all the states.

Strictly speaking VAT rates should be same across the country.

But, in Indian VAT the same is not possible [For example, In North India Wheat will be consumed as main food item, whereas in south india its Rice and the vat rate will be different from each state].

Vat rates depends on VAT acts and schedules defined by each state. If you refer VAT Act related to that particular state, you will get the commodities and the rates.

With regards,

Subramanya

Thanx for the inputs..it has really helped me.

Apurva, These is one file available with me..Which shows the tersm and conditions for VAT calculation of all the states..If u need plz give me ur mail address.

Hey Sachin...Thanx a lot...I was waiting for the same since long days....Plz send  me the file at my e-mail address below-

apurvajain.2005 @ gmail.com

Thanx in Advance

Hi sachin, please give the file which gives the vat rates to me too.... please

my mail id shankar @ rtax.in

Thanks in advance

Sir,can you please provide with a Schedule 1 list of VAT Rates applicable for FY2010-11?

any body can tell me VAT and CST rate list off all the states its urgent

can anyone pls provide me the list of statewise vat rate.??