As of my last update, the VAT (Value Added Tax) rate in Punjab, India, is generally set at 5% for most goods. However, specific rates may vary depending on the type of goods and services. It is advisable to check the latest updates from the Punjab government or the State Tax Department for the most accurate and current information, as tax rates can change.
4% before Nov11, and 5% after on Nov11.
what is vat rate of calcium hypochlorite in maharashtra
To calculate the amount before VAT from a total of 1800 that includes VAT, you need to know the VAT rate. For example, if the VAT rate is 20%, the calculation would be: 1800 / 1.20 = 1500. Therefore, 1800 less VAT at 20% would equal 1500. The answer will vary based on the VAT rate used.
vat rate wooden furniture
The VAT rate for tin products in my country is 20.
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
In 1979, the standard VAT rate in the United Kingdom was set at 15%. This rate was introduced in 1973 when the UK joined the European Economic Community (EEC). The VAT rate was later increased to 17.5% in 1991.
The VAT rate is 4 percent.
To work VAT backwards in rands, first determine the total amount (including VAT) and the VAT rate. For example, if the total amount is R1200 and the VAT rate is 15%, you can calculate the VAT-exclusive amount by dividing the total by 1 plus the VAT rate (1 + 0.15). This gives you R1200 / 1.15 = R1043.48. Then, subtract this amount from the total to find the VAT amount: R1200 - R1043.48 = R156.52.