Thursday 4 September 2014

Enamel, fiberglass yarn and paper used in manufacturing are liable to VAT at 12.5% under Karnataka V

CST & VAT: Where assessee received from customer copper wire and converted it into insulated copper wire by using enamel, fiberglass yarn and paper and delivered finished product to customer, enamel, fiberglass yarn and paper used in manufacturing process were liable to tax at rate of 12.5 per cent


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