VAT rates effective from April 2013

The financial year 2012-2013 is close to end. New VAT rates will be applicable from 1^st April 2013. The table below lists the items for which the new VAT rates would be effective state-wise. Businesses will have to comply with these changes. However, GoFrugal solutions have the feature enabling retailers to update the VAT rates as and when changes happen. This ensures smooth functioning of day-to-day operations and above all the timely filing of VAT returns.

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