vat rate supplier charged higer rate

Originally posted by : john
	some of our suppliers has charged VAT Rate @ 5% instead of 4%, our business is of packing materials, Q.has the VAT Rates increased? (they are saying VAT has increased.)

 Mr.John

Pleaase remember that you are in india in which different vat act & rules says different things in each state and let us know which state VAT rate you are discussing ?

So that we can answer your query..!

Subramanya

dear subramanya

sorry for that

both the buyer & supplier are in mumbai.

John,

Its correct

From 1st April 2010, MH VAT department hiked the vat rates.

Subramanya