about the vat rate of selling raw material, VAT + CST

[MEHUL ASHAR]

Respected Sir,

                         I have got a raw material charged at 15% but on my product I have to charge 5% so if I want to sale that raw material then I have to charge 15% or 5%.

Posts / Replies

[Pradeep Khatri]

If you are selling rawmaterial as such then you would have to reverse the Input Tax Credit so availed.