VAT ON LIQUOUR IN RESTAURENT

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..... From 1st October 2015 onwards, there is no change in the tax liability, in respect of liquor purchased from a registered dealer in the state. However, in respect of liquor brought or imported from out .....

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..... side the state, the restaurant would be liable to pay tax at schedule rate of 60% of the actual sales price but, subject to the limit of MRP X 30/130. Of course, in addition, the liability to pay tax .....

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..... at 5% of the actual sales price continues unchanged. Can any one explain the meaning. Is we need to pay 60% of the actual sales price or MRP X 30/130 whichever is lower and 5% additional. - R .....

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..... eply By MARIAPPAN GOVINDARAJAN - The Reply = Which State? - Reply By Ankit Bhansali - The Reply = IN MAHARASHTRA STATE CITY MUMBAI. - VAT ON LIQUOUR IN RESTAURENT - Query Started By: - Ankit Bha .....

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..... nsali Dated:- 22-4-2017 Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxman .....

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..... agementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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