Hi,
As per Tamil Nadu Vat act,what will be rate for third point of sale of liqour?
Please clarify.
Thanks.
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 06 December 2012
Ms Sanjana,
There is no levy of VAT at the third point of sale of all types of liquor as per the Second schedule...,MJK