12%
Divide the TOTAL by (1+the VAT rate) - this will give you the VAT exclusive price, then simply subtract that from the total price to get the VAT amount. For example...Say the retail price is 29.99 - Divide by 1.175 (current VAT rate)This gives 25.52 - subtract that from the original priceThus the VAT portion of the total price is 4.47
9%
normal vat rate of particular item
Divide by 1.whatever the rate is. ie If vat is 17.5% you would divide the gross by 1.175 to get the net figure, the vat is the difference between the two.
vat rate wooden furniture
12%
Work out 17.5% (current vat rate 2010) of the items price then minus the answer from the original price of the item
Divide the TOTAL by (1+the VAT rate) - this will give you the VAT exclusive price, then simply subtract that from the total price to get the VAT amount. For example...Say the retail price is 29.99 - Divide by 1.175 (current VAT rate)This gives 25.52 - subtract that from the original priceThus the VAT portion of the total price is 4.47
exchange rate can$ to SA Rand
VAT stands for Value Added Tax (the equivalent of the usa sales tax) - and the current rate is 20%
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%
what is vat rate of calcium hypochlorite in maharashtra
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
The answer is yes, it is.From 1st of March VAT rate will be increased to 17%.
vat ra