Rate of Tax

[Guest]

What is the rate of TAX under Delhi Value Added Tax in case of Laminated Fabrics

[Rama Krishana]

You need to check the schedules under DVAT, if it is not falling under any of the second, third and fourth schedule, the rate of tax is 12.5%

AI Summary

Rate of Tax: laminated fabrics under DVAT attract the general statutory rate unless included in specified schedules. If laminated fabrics are not listed in the second, third or fourth schedules of the Delhi Value Added Tax, they attract the general DVAT rate of 12.5%; therefore the primary step is to consult those schedules to determine whether any alternate or preferential rate entry applies.