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What's the VAT percentage?
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Answer / shankar mishra
every state has own rate of vat on each goods like
i delhi - 5 % , 12.5% ,
2 up 5% , 13.5%
3 Haryana 5% (+surcharge 5% on vat) 12.5%
on precisious item ony 1% in each state.
| Is This Answer Correct ? | 19 Yes | 4 No |
Answer / banoj kumar swain
every state has own rate of vat on each goods.
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / syed shakir ali
VAT RATES DECIDED BY STATE GOVT RESPECTIVE STATES.
ANDHARAPRADESH------
1. 4%
2. 14.5%.
| Is This Answer Correct ? | 8 Yes | 4 No |
Answer / govind sharma
VAT= Value Added Tax
how can we tell you a right % without know Item. it all
depend to item some item like iron & steel comes in 4% head
and some item comes in 5% like plastic material & any item
which is not show right % in curriculum then it will be
12.5% in delhi
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / harsh saklani
Vat is value added tax 13.5% Row Matteral 4%
| Is This Answer Correct ? | 7 Yes | 6 No |
Answer / renukaradhya
Var percentage is 5% and 14.5% in karnataka
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / venu
vat is a value added tax right now we are calculating @14.5%
| Is This Answer Correct ? | 5 Yes | 7 No |
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WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS UNDER :. SUB TOTAL = 428325.45 VAT @12.5%= 53540.68 Additional vat 1%= 4283.25 ORDER DISCOUNT = (9722.99) ROUNDED OFF = 0.39 -------------------------- NET AMOUNT = 476426.00
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