Vat on trust
This query is : Resolved
02 April 2011
Dear All,
I would like to know whether under Maharashtra VAT Act, a Trust having a hospital alongwith chemist shop is liable to pay vat for sale of medicines. Please Clarify its urgent.
I would like to know whether under Maharashtra VAT Act, a Trust having a hospital alongwith chemist shop is liable to pay vat for sale of medicines. Please Clarify its urgent.
04 April 2011
Yes Trust is liable to pay VAT on sale of medicines either in hospital or in chimist shop's sale.
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