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Tax rate

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(Querist)
07 June 2014 Dear all

Pls. confirm me about tax rate on ghee in maharashtra. Also any one send me scheduled of income tax.
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
07 June 2014 What do you mean by Schedules of Income Tax?
In case of Ghee, the rate of VAT on Ghee in maharashtra is 5%.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
07 June 2014 you are asking about income tax? or VAT?
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Rupesh Jain

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Rupesh Jain (Expert)
07 June 2014 on ghee no income tax applicable and income tax will give by you on your ghee business income not on sale.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
07 June 2014 pls clearify u asking on vat or income tax?
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