FRNDS
in ma company there is sale purchase of led lights. we purchased solar panels from haryana state. they imposed haryana vat on solar panel at the rate of 5.2% and over that they also impose surchage 5%. in totl way there is tx of 10.5%.
is this haryana vat calculation correct.
on that sale of haryana comapny there statement was
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There is entry no. 75 of Schedule i.e. "Renewable energy devices, components and spare parts thereof". if your product fall under said entry then rate of tax 5.25% otherwise 13.125%. but i searched it and found no tax rate written there. kindly help on this topic. is vat calculation is correct on there behalf. |
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