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Vat applicability - manufacturer and wholesaler distributor

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25 October 2013 one of my client is manufacturer and wholesale distributor of Jeans. He buys materials, steaching, washinig and finishing, is all done by him self. This business is carried on under propreitary firm.

Is VAT applicable to such a firm?



Regards,

Jayesh Mandalia

28 October 2013 VAT is definately applicable. Since after the processing of textile, the final product is a Readymade garment and it is VAT Taxable.



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