VAT rate of tax - list on which rate of 12.5% is applicable

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....AT rate of tax - list on which rate of 12.5% is applicable<br> Query (Issue) Started By: - pramod verma Dated:- 10-4-2010 Last Reply Date:- 17-1-2014 Service Tax<br>Got 2 Replies<br>Service Tax<br>on ....

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....sales of which items we can charge 12.5% tax Reply By Rama Krishana: The Reply: VAT at the rate of 12.5% is charged in residual items. In other words, the items which are not falling any schedule or t....

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....he goods which are not subject to specific rate of rate are charged @12.5%. Taking an example from DVAT - Schedule 1 specified exempted items, Schedule 2 specifies 1% items, Schedule 3 specified 4% or....

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.... 5% items. Schedule 4 specified 20% items. Therefore, the remaining items are chargeable to 12.5%. Reply By GHANANAND CHHIMWAL: The Reply: list on which rate of 12.5 percent is applicable<br> Discuss....

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