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what is rate of sale tax and vat

Answer Posted / manjula poojary

Vat : Schedule A : 0% ( Tax free godds like water, milk,
kerosine, Fire wood)
Schedule B: 1% Like Gold , Silver, Diamond,Pearls.
Schedule C: 4% Like plastic, Iron & Steel.
Scedule D: 20% & 34 % like liquor-20% , rectified Spirt
34%.
Schedule C : 12.5% which do not include in Schedule A, B ,
C, D, are included in this Schedule.

Is This Answer Correct ?    17 Yes 5 No



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