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Energy drink

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 August 2012 how to charge vat rate for energy drink and which rate is appied for it?
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
05 August 2012 Health drinks are taxable at the higher rate of tax. You have not mentioned your state. However, for e.g in tamilnadu it is 14.5%
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
05 August 2012 Mr Author,
In Karnataka, fruit drinks --5.5%,soft drink concentrates,soya milk--14.5%. ..MJK
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