vat rate on dry fruits

[Ram Babu singh]

What is vat rate on dry fruits under Delhi Vat?

[YAGAY andSUN]

Dear Ram,

Please refer entry no. 81 of the Schedule III of the DVAT Act, 2005 the dry fruits will attract VAT @ 5%.

Regards,

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

AI Summary

VAT rate on dry fruits under Delhi VAT: applicable schedule entry prescribes reduced rate for classification. Dry fruits sold in Delhi are classified under Schedule III of the Delhi VAT Act; entry no. 81 prescribes that dry fruits attract VAT at the reduced rate of 5%, making the Schedule entry the operative basis for their taxation under Delhi VAT.