Mfg.of Shoes.

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..... We Mfg. Shoes, Vat rate of Mtl of shoes is @ 5% but the complete shoes rate is 12.5%. Our cost is including Labour. The difference of 7.5% can be adjusted or not. - Reply By Rama Krishana - The Re .....

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..... ply = When the VAT rate on material is 5% and VAT rate on finished goods is 12.5%, you can take the full VAT credit of 5% and pay the balance amount of VAT. Where is the question of adjustment of 7.5 .....

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..... %? - Mfg.of Shoes. - Query Started By: - Ramesh Parmar Dated:- 10-9-2010 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, .....

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..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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