VAT Rate on Scrap Sale for FY 2011-12

Mahavat 8504 views 4 replies

Can anyone tell me what is the rate of VAT on Scrap Sale for Financial Year 2011-12?

Replies (4)

scrap of what? iron scrap are notificed goods, and here the rate applies for notified goods 4% (5% in some places with recent notifications in some states) 

 

if scrap is of something else, then share.

hi,

can any1 tell me what is mvat rate on scrap sale of waste of mild steel and stainless steel used in manufacturing of final product.....

what is the tax rate of empty bags scrap.in dehradun

i think vat rate is 4% because it is notifide goods. if it is used for final product, manufacturer avail to enjoy cenvat benefit


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