06 September 2012
hi, i wanted to know tat...what % of Vat applicable on nutritional supplements. eg. supplement uses by body builder for muscle growth. My friend having a shop of nutritional supplements and he ask me about the rate.... i search google but didnot get it.. PLZ HELP ME......URGENT
07 September 2012
On verification it is not in the 5% list of VAT Act, Delhi. So, naturally it is in the higher bracket of tax net. Moreover, unless we know the excise tariff heading no, raw-materials used, market and common parlance of the product, it is difficult to answer the query.