Upvat tax on salt biscuits is @4% or @12.5%

manoj kumar pandey (Querist) 24 February 2012 This query is : Resolved
sir,
I pur. from taxinvoice salt biscuits @4% upvat & sold the same. but the officer refused to accept it @4%. He Charged it @12.5% on the same product. In trading is it possible to charge @12.5% on a product which is purchased @4%. If yes, who will be responsible to pay the difference of tax. VAT ( Value added Tax ). Its Urgent please.
Thank you, from
Manoj Kumar Pandey
9412624336

Follow Query

Report Abuse