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FEEDING BOTTLE - VAT RATE, VAT + CST |
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FEEDING BOTTLE - VAT RATE |
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FEEDING BOTTLES MADE UP OF POLY CARBONATE AND ITS BAGS ARE MADE UP OF PVC. WHAT SHOULD BE THE RATE OF VAT & CST IF SOLD TOGETHER OR SEPARATELY IN MAHARASHTRA OR OTHER STATES. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
VAT will be @ 5% (Please refer entry no. 107(6) of schedule C of the Taxable Schedule under MVAT Act). Under CST Act if sold to registered dealer it will be @ 2% against C form and sale to unregistered delears under CST will attract CST @ 5%.
WHAT ABOUT BAGS MADE UP OF PVC. BECAUSE ENTRY NO.107(6) COVERS ONLY FEEDING BOTTLE AND NIPPLES. WHAT SHOULD BE THE RATE OF VAT ON BAGS.
Since carry bag would be the part and parcle of the feeding bottle and it would not be used elsewhere (being specially designed for feeding bottle), therefore, it may attract the same rate as bottle. If you are selling it with the bottle and prices of the bottle is included in the assessable/taxable value of the bottle even then it would be taxed at 5%, except in case of sale against C form. Page: 1 Old Query - New Comments are closed. |
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