Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is the rate of VAT in differnt items for example
metals, wine, garments, foods, electonics, medicine

Answers were Sorted based on User's Feedback



what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, m..

Answer / ravindra

RATES OF VAT APPLICABLE FOR DIFFERENT PRODUCTS
METALS - 4%
GARMENTS - 4%
FOODS - 4%
ELECTRONICS - 12.5%
MEDICINE - 12.5%
WINE - 33.36%
FOLLOWING ARE THE RATES APPLICABLE AS PER BEST OF MY
KNOWLEDGE IF ANY CHANGES COULD HELP ME DOWN

Is This Answer Correct ?    41 Yes 13 No

what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, m..

Answer / supriya tukaram raut

0%
1%
4%
12.5%

Is This Answer Correct ?    33 Yes 10 No

what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, m..

Answer / ravi

the vat rates are applicable as follows
1% - precious goods
4% - necessary goods
14.5% - capital goods

and also special rates like
liquor -70%
petrol-32.55%
diesel - 21.33%

Is This Answer Correct ?    4 Yes 0 No

what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, m..

Answer / rhutul thakkar

4%
60%
4%
12.5%
12.5%
4%

Is This Answer Correct ?    11 Yes 8 No

what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, m..

Answer / s.velan

Metals - 5%

Foods - 5 %

Garment - 5 %

Medisine - 14%

Wine - 5%

Is This Answer Correct ?    3 Yes 3 No

Post New Answer

More Taxation Interview Questions

If party selled material to us agst c form in FY 2008-09, can we booked that bill in apr-09 (FY 2009-10). Is there any problem for issuing "c" form?

3 Answers  


My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

0 Answers   SK Accountant,


What is RITC and how it is calculated?

3 Answers  


my company taken a loan from bank and it's interest per annum is more then 10,000 /- then my company deduct tds from interest amt

4 Answers   Wipro,


what is the rate of tax, when goos purchased from outside the state without way bill

1 Answers  


how many percentage tds we have to deduct at a bill with heading "being our professional charges towards supervision of local sampling and analysis of rapseed meal

1 Answers  


What is the Difference between Previous Year and Preceding Previous Year?

1 Answers  


A ca charge a bill on his client of rupees 100000 and charge service tax @ 12.36%, party make payment after dedicate tds @10% what enters be made in the books of CA and party.

5 Answers   Genpact, Sams,


in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?

0 Answers  


WHAT IS DIFFERENCE BETWEEN BSE AND NIFFTY

8 Answers   Birla,


what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???

0 Answers   Flywing Cargo,


How will we caluclate interest on advance tax ?

2 Answers   Patni,


Categories