dear friend,
one of my client sell aurvedic hair oil on sale price basis not on mrp basis. On which basis he has to charge vat on mrp or sale price . although he has take licence in drug act.
ca pawan singhal
The One Says:
Mr. Pawan Singhal, nice to hear from a fellow CA here. I would refer you to Trade Notice No. 28/2002 where a similar issue has been dealt with. Please refer to this notice I am sure that should solve you problem. In case you can't find it let me know I will send it to you.
Hope its useful .......
CAclubindia
