Suresh Gopalaswamy (Assistant Manager- Indirect taxation) 27 December 2011
Dear Sir,
I am working in an automobile industries. we are putting a stall at auto expo. in that we will sell some t-shirts, pens etc and put our company name. Whether it is attract VAT or Not? suppose if the T-Shirts or pens are sold to our own employee, we will paid the VAT or Not? Please clarify
Regards
Suresh
SUNNY GUPTA (ADVOCATE) 29 December 2011
VAT APPLICABLE ON SALE OF READYMADE GARMENTS
5% IF THE BILL AMOUNT IS UPTO RS.5000/-
AND 13.5% IF THE AMOUNT IS BEYOND RS.5000/-
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