Vat on beer and wine

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

04 January 2014 DEAR ALL,
I HAD QUERY REGARDING TAXABILITY OF BEER AND WINE IN MAHARASHTRA.
A. IN CASE OF RETAILER.
B. IN CASE OF PERMIT ROOM.

WHAT IS RATE OF TAX IN ABOVE 2 CASES. IS FRUIT WINE IS EXEMPT FROM MVAT.

ALSO IN WHICH FORM RETURNS NEEDS TO BE FILED.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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04 January 2014 Two tax rates are given in the Sch 4.Foreeign liquors (including beer) as defined in Foreign Liquor Rules of Maharashatra,..50%,Wines...20%,Aerated and non-aerated drinks..20%. No difference between retailer or whole seller in the schedule....mjk

Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2014 SIR BUT AS PER NOTIFICTION LIQUOR SOLD BY RETAILER IS EXEMPT EXCPT WINE. GUIDE ME

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