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VAT - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Classification of product - the product as vegetable fat spread ...


Vegetable Fat Spread Classified Separately from Edible Oil, Taxed at 14.5% as Unscheduled Commodity.

December 20, 2016

Case Laws     VAT and Sales Tax     HC

Classification of product - the product as vegetable fat spread is having separate marketability and different use hence cannot be said as same as that of the edible oil - the product is an unscheduled commodity and therefore, tax at the rate of 14.5% would be chargeable - HC

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