Applicable rate of VAT on "Margarine" - 4% or 12.5% - Moving ...

Debate on VAT Rate for Margarine: Determining if 4% or 12.5% Applies, Excluding Liquid Forms, Under HSN Code 1517.

September 24, 2015

Case Laws VAT and Sales Tax HC

Applicable rate of VAT on "Margarine" - 4% or 12.5% - Moving from abstract to the concrete, we can say Margarine is a generic produce having sub-classifications, among which Liquid Margarine stands excluded. Essentially what follows is that the rest of varieties are included or at least have not been separately dealt with. - Classifiable with HSN Code No. 1517 - HC

View Source

← Previous Next →

Applicable rate of VAT on "Margarine" - 4% or 12.5% - Moving ...

Debate on VAT Rate for Margarine: Determining if 4% or 12.5% Applies, Excluding Liquid Forms, Under HSN Code 1517.

September 24, 2015

Case Laws VAT and Sales Tax HC

You may also like:

Rate of value added tax (VAT) - samosa - whether the rate of tax on Samosa should be 8% or 5%? - samosas are to be taxed at the rate of 8% for the first six months and,...

GST Rates - HSN Code - Roasted grams fall under heading 2106 90 and attract 12% GST.

GST Rates - HSN Code - Wet dates fall under heading 0804 and attract 12% GST.

The GST clarification on various several taxation issues. Key points include: (1) pepper of genus Piper attracts 5% GST under HS 0904, with agriculturists supplying...

The CCST issued a comprehensive circular clarifying multiple GST-related matters based on the 55th GST Council meeting recommendations. Key clarifications include: (1)...

GST Rates - HSN Code - Mohua flowers fall under heading 1212 and attract 5% GST.

GST Rates - HSN Code - Sandesh, whether or not containing chocolate, attract 5% GST.

GST Rates - HSN Code - Isabgol husk falls 1211 and attracts 5% GST.

GST Rates - HSN Code - Khoya/mawa being concentrated milk fall under 0402 and attracts 5% GST.

AAAR determined that supply of DOMS A1 pencils with sharpener constitutes a mixed supply under CGST Act, 2017, not a composite supply, as items are not naturally bundled...

The notification amends the existing Customs notification No. 50/2017 to implement various Basic Customs Duty (BCD) rate changes effective February 2, 2025. Key...

IGST Rate Schedule u/s 5(1) - notifying rates of IGST @ 5%, 12%, 18%, 28%, 3% and 0.25% - As amended by notification dated 18-8-2017

Applicability of GST - transactions of sale of vouchers - the vouchers traded by the Appellant are goods and not actionable claims - The supply of vouchers by the...

Denial of benefit of lower 22% tax rate u/s 115BAA due to delay in filing Form 10-IC by petitioner. Petitioner filed return of income in ITR-6 form, exercising option...

Rate of Tax (VAT) - KVAT - all margarine, except liquid margarine, were liable to attract higher rate of tax and there cannot be any distinction between "table...

Quick Updates: