Regarding applicability of VAT on manufacturing of Farsan!!
This query is : Resolved
13 March 2010
My client is situated in Mumbai and manufacturing samosas,thepalas and undhiya(it is one type of vegetable famous in Surat)..
He supplies it to suppliers who in turn re-sells to retail shops and/or direct customers
My Question is whether VAT is applicable to manufacturer of Farsan..
Also Let me know whether it is applicable to supplier also???
Please let me know
Thanks
Regards
CA.Alka
He supplies it to suppliers who in turn re-sells to retail shops and/or direct customers
My Question is whether VAT is applicable to manufacturer of Farsan..
Also Let me know whether it is applicable to supplier also???
Please let me know
Thanks
Regards
CA.Alka
CA HIREN JOGI
(Expert)
14 March 2010
Manufacturing of Farshan attracts Vat as per the provisions of MVAT Act. Kindly refer Schedule Entry no C-94 for Sweetmates & Farshan. Also refer Schedule Entry No. C-94(b) for Varities of Farshan. For Both the Tax Rate is same 4%.
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