what is the rate of VAT in differnt items for example
metals, wine, garments, foods, electonics, medicine

Answer Posted / ravindra

RATES OF VAT APPLICABLE FOR DIFFERENT PRODUCTS
METALS - 4%
GARMENTS - 4%
FOODS - 4%
ELECTRONICS - 12.5%
MEDICINE - 12.5%
WINE - 33.36%
FOLLOWING ARE THE RATES APPLICABLE AS PER BEST OF MY
KNOWLEDGE IF ANY CHANGES COULD HELP ME DOWN

Is This Answer Correct ?    41 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Excise duty applicable for Handmade Production?

2847


Which income is considered as accrued income?

647


I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.

2119


We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?

1470


IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?

1769






Is wct charged on firm or proprietors ?

1112


I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me

1359


What is the procedure to take modvat and its form number

2064


Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

1510


Define assessment year.

728


WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

1530


over all details about tax what is mean by headge fund and detail explanation?

1772


In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.

2117


How to calculate sales tax ?

1228


what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???

1554