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What are the rates of tax under VAT?

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What are the rates of tax under VAT?

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You will be happy to know that under the VAT there are only 4 slabs of rates as follows: 1.Gold and Silver: 1% 2.Declared goods, Medicines: 4% Capital goods, Ready-made Garments, industrial & agriculture inputs. 3.On other goods: 12.

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