The answer is yes, it is.From 1st of March VAT rate will be increased to 17%.
Work out 17.5% (current vat rate 2010) of the items price then minus the answer from the original price of the item
It is celebrated on the 15th of Jyeshtha in 2015 it will be on the 1st of June
what is vat rate of calcium hypochlorite in maharashtra
vat rate wooden furniture
You have standard rate VAT which is 20%, this covers mostly everything. You then have reduced rate VAT which is at 5%, this is normally for domestic fuel. Then there is zero rate VAT which is 0% and is for most food, childrens clothing etc.
What is vat rate for electrical appliances like fridge etc in assam
vat ra
According to the HM Revenue and Customs website, VAT was temporarily reduced from 17.5% to 15% on the 1st of December 2008 and it returned to 17.5% on the 1st of January 2010. Please see the related link.
The VAT rate is 4 percent.
As from yesterday (Monday), the standard rate of VAT in the UK is 15% for 13 months (until the end of 2009). The 'normal' standard rate of VAT in the UK is 17.5%, but it has been reduced by 2.5% in an attempt to boost the economy. There are two additional VAT rates: 'Reduced' rate VAT 5% is for items such as gas and electricity Zero rate VAT is for 'essential' items - most food, baby clothing etc. so it was but as of 1st January 2011 the vat rose to 20% from last years 17.5%
VAT for buying Furniture in A.P.