Rates of VAT proposed to be increased with effect from 1 April 2010
- VAT rate of 4% proposed to be increased to 5% on all goods except declared goods
- VAT rate of 12.50% proposed to be increased to 13.50%
- VAT rate of 12.50 % on tobacco products proposed to be increased to 15%
Tax Concessions
- VAT exemption for 3 years proposed for new hotels in 100 selected tourist destination
- Tax rate proposed to be reduced from 12.50 % to 5 % on masala powder mixtures, macaroni, sports trophies, shields and medals, all kinds of scrap, electric generators of less than 15 KVA, railway concrete sleepers, school bags costing up to Rs.200/-
- VAT exemption on paddy, rice, wheat, pulses and products thereof proposed to be extended till March 2011
Other Key Proposals
- Total Turnover limit for VAT audit increased from Rs.40 lakhs to Rs.60 lakhs
- E-filing of returns and electronic payments of tax to be introduced
- Threshold limit for registration increased from Rs. 2 lakhs to Rs. 5 lakhs
- Annual turnover limit for Composition Scheme increased from Rs.15 to Rs.25 lakhs
- Levy of VAT on tobacco products on MRP basis
- Option for dealers in medicines to pay tax on MRP basis on sale of other goods
- Relief of payment of interest, if sales tax arrears are paid before 30th June 2010
- Re-introduction of Advance Ruling mechanism for seeking clarification
Sir,
Please suggest me whether sweet lassi, curd, flavoured milk, butter milk is taxable in Karnataka for local & Interstates Sales
vat is applicable to sim cards, if it applicable please let me know how much?
dear sir
Please provide us the Rate of Data card of karnataka Vat.
Can you please let me know the VAT applicable on MEMORY CARDS USED IN CAMERAS AND MOBILE PHONES
Please inform us vat rate applicable Xerox Machine and Stabilizer in the state. of Karnataka.
Please inform us vat rate applicable for Canon Xerox Machine and Stabilizer in the state. of Karnataka.
Please I need to know the taxes chargeable for Computer Mapping Job for financial year 2011-12 & 2012-13 (Service tax & TDS) for a company.
Dear Sir, Please tell me Composit Vat Rate on Outdoor Catering Service or Indoor Catering Services in Karnataka State
pls tell me the present vat rate in karnataka for Fishfinders and navigation equipments and other electronic goods
sir
Please give me a clarification for 2010-11 rate of VAT under product Fresh creams dairy product
Sir,
Can you arrange to send the rate of vat for rubberized goods
please specify the VAT rate % in karnataka for the following machines:
1. Chain saw, Brush cutter, Earth auger, Mist blower, Hedge trimmer.
sir pls conformed 2010-2011 year 240 audit what is the tournover
Can u tell me what is the vat tax interest rate in 2011-12?
Respected Sir,
I want be information of different rates of vat as per goods clasiffication……
sir
i want to know the vat for semi processed food item like chappati,poori,parota which are to be sold in half cooked form.
please tel me the percentage of hollow blocks & inter lock Karnataka
Dear Sir
Please tel me . i supply in pvc material what rate in karnataka.
im a generator dealer…i just want t confirm whether i hv to reg or not?? if i not registered wat may causes??
hello
i wanted detailed information Taxation over automation products , sice i am doing a project on it
thanks & Regards
Ms.Shekina.Kandi
hello sir
i want to know the rate tax on roller blinds in karnataka sales
Dear Sir,
Please suggest me, the rate of tax for Exhust Fan with motor used in Green Houses for Hardening of Plants, for the local sales and Interstate sales
Hello,
Please tell me as to what taxes am I supposed to pay if I am selling a software within karnataka.
Regards,
Guru
What is the vat rate in karnataka for webbing belts?
GOVT MAY BE THINK FOR EXEMPTION OF VAT ON DOMESTIC LPG
confirm what is rate of composite tax rate on hardware items for the year 2011-12
Whate is the tax charges for Graphics Designing
Sir,
I want to know what is the differnce between works contract and order for sales wheather orders taken in usual cource in the business premises amounts to works contract and its tax rate in karnataka for the year 2011-12 on gold or silver jewellery
Please tell me the rate of VAT in karnataka for ” Biochemials ” after 1.4.2011
What is the rate of tax in Gift Articles in Karnataka Value added tax for A.Y.2010-2011
whats the rate of vat in karnataka for designer outfits???/
whats the rate of vat in karnataka state for designer outfits
hello sir pls suggest me what is current rate of vat 2011
please send vate rates amendment vat rates for the tear 2011-2012
please confirm the vat rate of electronics goods
What is the max. rate of vat for the year 2011-12
PLEASE LET ME KNOW THE CURRENT (2011) VAT PERCENTAGE FOR DIAMOND SEGMENTED CIRCULAR SAW BLADE AND DIAMOND SEGMENTS. THESE ARE USED FOR CUTTING STONES.
As per Yestarday budget,2011-12
1) Juwellary incresed 1 % to 2%
2) Other vat 13.5% to 14% increased.
there is any changes from Feb 2011 in karnataka sales tax law.
Please confirm the rate of tax for electronic goods ,t.v.and computers
pls confirm vat tax on following product/medicines
Tarana 3mg tablets
Rhogam Ultra filtered plus
Unwanted 72
pls confirm the vat tax in karnatak for camara accessory – sales
(digital camara accessory – data cards and other accessory for sales )
psl confirm the vat tax in karnataka for camara accessory – sales
(digital camara accessory- data cards and other accessory
for sales )
What is the VAT rate for abrasive wheels in Karnataka?
it is not monthly limit it annual
I Agree Threshold limit for registration increased from Rs. 2 lakhs to Rs. 5 lakhs
but what is monthly limit
what is rate of tax for Jewellary items in karnataka?
what is the tax structure for builders for Vat and service tax in karnataka.I wish to have details
Read more: https://www.taxguru.in/goods-and-service-tax/karnataka-budget-2010-2011-proposed-amendments-in-vat-provisions.html#ixzz0nMl3kvqf
what is the tax structure for builders for Vat and service tax in karnataka.I wish to have details.
Sir,
Please suggest me whether sweet lassi, curd, flavoured milk, butter milk is taxable in Karnataka for local & Interstate sales.