:8}ATT: ALL BUYERS WHO ARE WILLING TO BUY GEMSTONE & JEWELRY

[gehnna]

Dear All Buyers,



Hello & Season's Greetings !



THIS INFORMATION IS IN THE WELFARE OF ALL BUYER THOSE WHO WANT TO BUYER LOOSE
PRECIOUS OR SEMI-PRECIOUS GEMSTONES, PRECIOUS METALS OR COLOR STONE (INCLUDING
DIAMONDS) STUDDED JEWELRY. PLEASE DON'T PAY A VAT ABOVE 1%. ACCORDING TO
GOVERNMENT OF INDIA SALES TAX DEPARTMENT ALL OVER INDIA THERE IS A FLAT VAT RATE
OF 1%. SOME SELLERS ARE CHARGING 12.5% WHICH IS
ILLEGAL.

SO KEEP IN MIND ALWAYS PAY FAIR VAT. IF SOME BODY ASK YOU TO PAY HIGHER VAT JUST
INFORM TO EBAY.

 

FOR MORE STATEWISE TAX
INFORMATION PLEASE VISIT:

http://india.gov.in/citizen/salestax.php



***(THE ABOVE VAT IS ONLY APPLICABLE ON PRECIOUS & SEMI-PRECIOUS GEM STONES &
PRECIOUS METALS THAT IS TO SAY GOLD, SILVER & PLATINUM) FASHION OR IMITATION
JEWELRY IS NOT A PART OF IT. THEY HAVE DIFFERENT VAT RATES.

THANK YOU & HAVE A SAFE
SHOPING ON EBAY.

WITH REGARDS

KAPIL.K

[indraneel@ebay.com]

Thank you Kapil (ganpati.shoppee) for helping the community and enlightening the buyers.


Keep Posting!!


Regards,
Indraneel

[gehnna]

You Are welcome Indraneel!

[prafulstore9769]

local sales vat on a state basis is 1%

inter-state sales vat is 12%

please check

[prafulstore9769]

sorry 12.5% and that too varies from state to state basis

[gehnna]

Dear Sir,

As Per The Sales Tax & Central Ex. Department - Only Jewelry & Gem Stone are the category which have flat rate of 1% Vat All over India.
Even you can 1% is Central Excises.
You can confirm the same.

Thank you.