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

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..... on 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 schedu .....

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..... le or the 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 specifie .....

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..... d 4% or 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 .....

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..... - VAT rate of tax - list on which rate of 12.5% is applicable - Query Started By: - pramod verma Dated:- 10-4-2010 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, .....

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..... reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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