Vat or excise?
Querist : Anonymous
what if the assessee makes sweets n then sells?
VAT is applicable on every goods sale , so applicable on sweets also.
About excise other opinions are invited
Querist : Anonymous
Thank you Sir. But is composition scheme available or it is available only in case of civil constructions?
what if the assessee makes sweets n then sells? is excise applicable?
VAT is applicable on sale of sweets whether you manufacture or not.There are composition rates also in many states,like for hotels and bakeries.No info about excise....MJK
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