27 April 2012
For an assessee who is into business of selling sweets, whether vat will be applicable or excise? what if the assessee makes sweets n then sells?
28 April 2012
For an assessee who is into business of selling sweets, whether vat will be applicable or excise? Thank you Sir. But is composition scheme available or it is available only in case of civil constructions? what if the assessee makes sweets n then sells? is excise applicable?
29 April 2012
Mr Author, VAT is applicable on sale of sweets whether you manufacture or not.There are composition rates also in many states,like for hotels and bakeries.No info about excise....MJK