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Tax treatment for medical pharmacy under mvat?

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2016 What will be the tax treatment for medical pharmacy/wholesaler under Mvat?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
14 April 2016 In pharmacy Wholesaler has to discharge tax on MRP not on selling price. So dealer get input vat on MRP.

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