VAT on Valves
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VAT on valves used in water supply clarified; reduced VAT rate applies and a corresponding CST rate is specified.
The applicable VAT rate for valves used in water-supply systems is stated as a reduced levy, and a corresponding CST rate is identified for inter-state transactions in the same goods; the guidance applies to valves of various types used in water supply. (AI Summary)
The applicable VAT rate for valves used in water-supply systems is stated as a reduced levy, and a corresponding CST rate is identified for inter-state transactions in the same goods; the guidance applies to valves of various types used in water supply. (AI Summary)
what is the rate of DVAT on Valves of various tye used in water supply .
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