Dear TIM,
i am opening a new business - Manufacturing & sales of FLY Ash bricks in Rajasthan state.
for this i need Raw material like fly ash, gypsum, lime powder & stone powder
Now i want to clarify that, is taxes are applicable on Raw material?
If Yes, on what items will be considered under taxation
and
is VAT & ST applicable for selling on bricks?
pls suggest me / reply me on [email protected]
5.5% VAT Applies to Raw Materials and Sale of Fly Ash Bricks Under Rajasthan VAT Act A business owner in Rajasthan inquires about the VAT applicability on raw materials and the sale of fly ash bricks. The materials in question include fly ash, gypsum, lime powder, and stone powder. A respondent clarifies that under the Rajasthan VAT Act, a 5.5% tax rate applies to each of these raw materials as well as to the sale of fly ash bricks. Goods and services tax is not applicable in this context. (AI Summary)